BBN file photo
Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Tuesday’s midday business round up compiling reports, published by different local and international newspapers and news portals.
Bangladesh’s stocks keep upturn at midday on Tuesday
Bangladesh’s stocks kept the upward trend at midday on Tuesday as optimistic investors continued their buying spree on sectors specific stocks.
IDB to sell Bangladesh’s Islami Bank shares
Islamic Development Bank (IDB) has expressed its intention to sell off over two-thirds of its holdings in Islami Bank Bangladesh – the second major sponsor to do so.
Bangladesh Taka remains stable against US dollar
The exchange rate of Bangladesh Taka (BDT) against the US dollar in the inter-bank foreign exchange market remained almost stable in early hour transactions on Tuesday.
Indian rupee depreciates 23 paisa against dollar in early trade
Indian rupee depreciated by 23 paisa to 64.78 against the dollar in early trade on Tuesday due to increased demand for the US currency from importers.
Sensex falls 134 points on profit-booking, Nifty falls below 9,400
The domestic benchmark indices, the Sensex and the Nifty, fell nearly 0.5 per cent in late morning trade on Tuesday due to profit booking by investors.
Asian markets trade sideways following WS gains
Asian markets traded sideways on Tuesday, after major indexes on Wall Street closed in the green and on headlines out of the U.K. of a deadly explosion at a concert venue in Manchester.
Gold prices steady despite Manchester blast, US political woes support
Gold prices were steady on Tuesday despite a blast at a concert in the English city of Manchester that left at least 19 people dead in what British police said was being treated as a terrorist incident.
Oil firm on expected cut extension, but economic slowdown weighs
Oil prices were firm on Tuesday on the expectation that an OPEC-led production cut would be extended to next March, but analysts said economic slowdown was clouding the mid-term outlook for crude markets.
BBN/SS/ANS