BBN file photo
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.
BDT/US$ moves up, call money market remains stable
The exchange rate of Bangladesh Taka (BDT) against the US dollar moved up slightly at customer level while the call money rate remained stable in early hour transactions on Monday.
Bangladesh’s stocks keep upturn at midday on Monday
Bangladesh’s stocks kept the upward trend at midday on Monday as optimistic investors continued their buying spree on sector specific stocks.
Indian rupee strengthens to 64.52 on fresh dollar selling
The Indian rupee strengthened by 8 paisa to 64.52 against the dollar on fresh selling of the US currency by banks and exporters.
Technical glitch at NSE; trading remains disrupted
Trading in cash markets as well as futures and options remained disrupted at the National Stock Exchange on Monday, despite an attempt to re-open trading after technical issues prevented dealers from placing orders.
Stocks in Asia gain as US jobs data beat; Wanda Hotel surges as much as 155 percent
Most Asian indexes were in positive territory in Monday trade after U.S. jobs data beat expectations and as Chinese inflation data for June were in line.
Gold prices edge down on steady dollar, firmer stocks
Gold inched lower on Monday as the dollar steadied and as Asian equities firmed following stronger-than-expected U.S. jobs data late last week that reinforced expectations of another interest rate hike in the United States.
Oil recovers some losses but market still under pressure
Oil prices recovered some losses on Monday after a 3 percent fall in the previous session, but markets remain under pressure from high drilling activity in the United States and ample supplies from producer club OPEC.
BBN/SSK/AD