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.
Bangladesh’s stocks keep gaining at mid-day on Monday
Bangladesh’s stocks stayed in the upbeat trend at midday on Monday as investors continued their buying appetite on sector specific stocks amid optimism.
Sensex up 121 points; Nifty surges to a new high of 10,047.55
The NSE index Nifty climbed to a fresh high of 10,047.55 and the BSE index Sensex surged to 32,452.42 on continued buying by domestic institutional investors and encouraging quarterly numbers from a few blue-chip companies.
Indian rupee up 5 paisa at 64.10 on heavy dollar selling
The Indian rupee appreciated by 5 paisa to 64.10 against the US dollar due to heavy dollar selling by banks and exporters.
Asian shares mixed as markets digest weaker-than-expected China PMI
Major Asian indexes were mixed in Monday trade, after geopolitical tensions in the Korean Peninsula ramped up in recent days and markets digested the release of China PMI data.
Gold steady around highest in nearly 7 weeks on N.Korea tensions
Gold prices on Monday held around their highest in nearly seven weeks as tensions on the Korean peninsula boosted safe-haven demand for the metal and as the U.S. dollar hovered close to multi-month lows.
Oil hits 2-month high on tighter US market, Venezuela sanctions risk
Oil prices hit a two-month high on Monday, lifted by a tightening U.S. crude market and the threat of sanctions against OPEC-member Venezuela.