Monday’s midday business round up of Bangladesh

Last updated: May 21, 2018

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 turnaround at midday Monday
Bangladesh’s stocks turned around at midday on Monday as optimistic investors are taking position on sector-wise lucrative stocks.

Internet slow due to maintenance work in primary submarine cable
Internet users of some parts of Bangladesh have been facing slow services due to a maintenance work in the primary submarine cable under the Bay of Bengal.

Sensex gives up gains, falls 109 points
The key Indian equity indices on Monday slipped into the red after rising over 120 points. At about 11.40 am, the 30-scrip Sensex was trading 108.92 points or 0.31 per cent down at 34,739.38. The wider 50-scrip Nifty also fell 45 points or 0.42 per cent to 10,551.40.

Indian rupee falls 12 paisa to new 16-month low against dollar
The Indian rupee declined 12 paisa to a fresh 16-month low of 68.12 against a strengthening US dollar in early trade today after China and the US struck a deal to avert a trade war.

Asia markets advance as investors digest weekend US-China trade developments
Asian markets edged higher on Monday, with weekend developments in U.S.-China talks, regarded as positive by analysts on the whole, in the spotlight.

Gold slips as US Treasury Secretary says trade war with China 'on hold'
Gold prices edged down on Monday as the dollar rose and demand for safe-haven assets eased after U.S. Treasury Secretary Steven Mnuchin said a trade war between China and the United States was "on hold".

Oil prices rise with global markets after China, US put trade war 'on hold'
Oil prices rose on Monday, lifted by news that China and the United States had put a looming trade war between the world's two biggest economies "on hold".
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