Monday’s midday business round up of Bangladesh

Last updated: November 20, 2017

Photo: Getty Images

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 stay upbeat Monday midday
Bangladesh’s stocks stayed upbeat trend at midday on Monday as optimistic investors continued their buying spree on sector-wise stocks.

2-day CNG auto-rickshaw strike in Dhaka Nov 27
A section of the CNG auto-rickshaw transport workers will strike in Dhaka city over an eight-point demand including a stop to app-based ride hailing services.

Germany, Sweden, EU extend support to Bangladesh on Rohingya issue
Germany, Sweden and the European Union yesterday extended their strong support to Bangladesh on the Rohingya issue.

Sensex down 27 points; metal, PSU stocks lose shine
The Sensex and Nifty were trading marginally lower owing to profit-booking by funds and retail investors amid weak Asian cues.

Indian rupee weakens by 5 paisa to 65.06 on dollar demand
The Indian rupee depreciated by 5 paisa to 65.06 against the dollar due to renewed demand for the US currency from importers.

Asia markets trade lower as investors focus on US tax reform
Asia markets were mostly lower on Monday, following a decline in US equities last Friday on lingering concerns about American tax reform.

Gold in focus following dollar strengthening
Gold prices dipped early on Monday on a stronger U.S. dollar, but remained close to a one-month high hit in the previous session on uncertainty over progress on a potential overhaul of the U.S. tax code.

Oil: OPEC meeting at month-end in focus
Oil markets were tepid on Monday as traders were reluctant to take on big new positions ahead of an OPEC meeting at the end of the month, when the producer club is expected to decide whether to continue output cuts aimed at propping up prices.
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