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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 recover the initial looses at midday
Bangladesh’s stocks recovered from the initial sharp fall after two-and-a half hours of trading as some optimistic investors went on buying spree on sector-wise large-cap stocks, taking the advantage of low prices of available shares.
EU imports 66pc from Bangladesh under EBA trade scheme
The European Union (EU) imported the most from Bangladesh under its Everything But Arms (EBA) preferential trade scheme.
Bangladeshi-led VFX team gets Oscar nomination
The visual FX team of Bangladeshi filmmaker Wahid Ibn Reza has been nominated for the Academy Awards for their visual effects in the Guardians of the Galaxy Vol 2.
Sensex plummets 285 points; HDFC slumps 4%; L&T 2.6%
The Sensex recovered from the intraday low of 34,520.80 but was still trading down by nearly 300 points on heavy selling in capital goods, bank, realty and consumer durables stocks amid a global rout in equity markets.
Indian rupee weakens to 64.22 as Sensex slips below 35K
The Indian rupee depreciated by 16 paisa to 64.22 against the US dollar in early trade at the interbank forex market today owing to sharp losses in equity markets.
Pakistani rupee stable against dollar
IN the absence of market triggers amid sluggish demand for the dollar last week, the Pakistani rupee- dollar parity traded in a tight band, moving both ways in the interbank and the open market.
Asia markets trade lower; major indexes in Japan, South Korea, Australia and Hong Kong fall
Asia markets fell across the board on Monday, following a sharp decline in U.S. stocks on Friday on a stronger-than-expected jobs report that sent interest rates higher.
Gold dips on firmer dollar after positive US jobs data
Gold prices inched down early on Monday on a firmer dollar after robust U.S. jobs data late last week, but a fall in equities cushioned losses.
Oil prices fall on strong dollar, Brent near one-month low
Oil prices on Monday extended declines from the end of last week on the back of a stronger dollar, with Brent crude falling to its lowest in nearly a month.
BBN/SSK/AD