Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) has prepared the business round up compiling reports, published by different newspapers and news portals Tuesday midday in Bangladesh.
Bangladesh’s stocks turn upbeat at midday
Bangladesh’s stocks turned higher at midday on Tuesday as the investors started to take position on some large-cap stocks.
Bangladesh Taka depreciates two paisa against US$
The exchange rate of Bangladesh Taka (BDT) depreciated by maximum three paisa against the US currency in early hour transactions on Tuesday in inter-bank foreign exchange (forex) market.
US dollar dips slightly in Asia in cautious trade
The US dollar fell slightly in a light Asian data day with the market in a holding pattern as assessments are reviewed on prospects for a massive US tax cut and major spending plans this year following President Donald Trump’s defeat on a repeal and replacement of Obamacare.
Crude oil prices hold gains in Asia with API estimates eyed
Crude oil prices rebounded in Asia on Tuesday with industry data on inventories ahead expected to set the near-term tone and comments by the an official with the Paris-based International Energy Agency (IEA) suggesting solid demand from Asia.
Gold dips in Asia with eyes on China demand prospects
Gold prices dipped in Asia on Tuesday as investors mulled renewed demand prospects from China following data that showed China’s net-gold imports via main conduit Hong Kong surged 50.8 per cent month-on-month in February.
Sensex gains 173 points; bank, auto stocks vroom
The Indian benchmark BSE Sensex was trading higher by over 170 points on firm Asian cues and sustained foreign fund inflows.
Asian markets shrug off Trump concerns to climb higher
Asian markets gained on Tuesday morning as investors shrugged off the disappointment from the current US administration’s ability to push through legislation to repeal and replace the Obama-era health-care law.
BBN/SK/AD