Photo : THE BULL

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 down at midday Monday
Bangladesh’s stocks maintain the downward trend at midday on Monday as risk-averse investors continued their selling spree on sector-wise stocks.

FranGlobal looks to expand its APAC presence in Bangladesh
Singapore-based FranGlobal is set to expand its Asia Pacific footprint by entering Bangladesh with 50 global brands. FranGlobal, the worldwide business augmentation of Asia’s largest franchising solutions company – Franchise India Holdings Limited (FIHL), will enter Bangladesh and make an investment of $39m in the next two years.

Cold spell to pursue through Jan: Met office
The biting cold wave from a week ago has stifled into a mild-to-moderate one and is prevailing through Bangladesh, what is likely to pursue throughout January.

Shakib strikes twice in first over as Tigers bowl
Bangladesh captain Mashrafe Bin Mortaza won the toss in foggy, overcast conditions and chose to field first in the tri-series opener against Zimbabwe.

Sensex hits new peak of 34,963.69 on positive macro data, earnings
The benchmark Sensex today zoomed nearly 400 points to scale a new peak of 34,963.69 points on positive macro data and recovery in corporate earnings along with high optimism over global peers.

Indian rupee jumps 23 paisa against dollar in early trade
The Indian rupee rose by 23 paisa to trade at 63.40 against the dollar in opening session today, helped by strong gains in domestic stocks and losses in the greenback in obverses markets. The rupee opened strong at 63.45 at the interbank forex market against previous close of 63.63 per dollar as stocks soared to record levels after strong economic data.

Asian shares gain as the dollar continues to struggle
Major indexes in Asia notched gains on Monday after Wall Street closed out last week at records and the dollar continued to struggle.

Gold hits 4-month peak as dollar index slumps to lowest in 3 years
Gold prices on Monday hit their highest since September, buoyed as the U.S. dollar slumped to three-year lows against a basket of currencies.

Oil near 3-year highs on output cuts despite rising North American rig count
Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC and Russia despite a rise in U.S. and Canadian drilling activity that points to higher future output in North America.
BBN/SSK/AD