Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Monday’s midday business round up compiling reports, published by different local and international newspapers and news portals.
Oil prices edge up on first drop in US drilling in months
Oil prices rose on Monday, lifted by the first fall in U.S. drilling activity in months, although gains were capped by reports of rising OPEC output last month even as the group has pledged to cut supply.
Gold slips as dollar pares losses, stocks hold ground
Gold edged lower on Monday as investors shunned safe-haven assets for equities, with Asian stocks remaining near two-year highs, and as the dollar rose from a nine-month low, reducing the demand for bullion.
Markets cheer GST regime; Sensex surges 288 points; Nifty climbs to 9,603
The benchmark BSE Sensex surged nearly 300 points and the NSE index Nifty was trading above 9,600 points following the rollout of Goods and Services Tax, the country’s landmark tax reform.
Bangladesh’s stocks keep upturn at midday on Monday
Bangladesh’s stocks kept the upward trend at midday on Monday as investors continued their buying spree on sector specific shares.
Transaction in call money market falls, BDT/US$ remains stable
Decreasing trend in the call money market continues after the Eid vacation while the exchange rate of Bangladesh Taka (BDT) remains stable against the US dollar.
Uttara Sector 4 fire: 2 bodies recovered so far
Fire fighters recovered two bodies from one of the three buildings in Uttara Sector 4 of Dhaka that caught fire early morning. Identities of the deceased — a man and a woman — were not known immediately.