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 positive at midday Monday
Bangladesh’s stocks maintained the positive trend at midday on Monday as optimistic investors continued their buying spree on sector-wise large-cap stocks.
Indian Sensex retreats slightly from day’s high of 33,450
The benchmark BSE Sensex retreated slightly from the day’s high of 33,450.31 but was still trading higher by over 100 points on sustained buying by domestic institutional investors amid firm global cues.
Indian rupee up 6 paisa at 64.39
The Indian rupee gained 6 paisa to 64.39 against the dollar in the opening trade on firm domestic equities.
Asian markets nudge higher on Monday
Asian markets edged higher in Monday trade as investors focused their attention on the launch of bitcoin futures, and an upcoming Federal Reserve meeting that’s slated for later in the week.
Gold little changed amid firm dollar
Gold prices were steady early on Monday, holding above a four-month low hit last week, amid a firm dollar.
Oil prices drop on increased US rig drilling
Oil prices fell on Monday, pulled down as the latest rise in the U.S. rig count pointed to a further increase in American production, potentially undermining efforts led by OPEC to tighten markets.