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 stay positive at midday Monday
Bangladesh’s stocks stayed on the positive trend at midday on Monday as investors continued their buying spree on sector-wise stocks.
Sensex trading flat; realty, consumer durables plunge
The Sensex slipped from the day’s high of 35,555.59 due to heavy selling in realty, consumer durables, power and banking stocks amid positive global cues.
Indian rupee hits 1-month high of 66.85; RBI policy review eyed
Maintaining its uptrend for the fourth straight day, the Indian rupee strengthened by 21 paisa to a fresh one-month high of 66.85 against the dollar in early trade on increased selling of the greenback by exporters and banks.
Asian markets rise as investors digest strong US jobs report and trade concerns
Asian stocks traded higher on Monday, tracking gains seen on Wall Street after Friday’s expectation-topping U.S. jobs report and shrugging off trade-related concerns.
Gold steady amid US rate hike prospects
Gold prices were little changed on Monday as expectations of a U.S. rate hike this month offset support from trade war worries.
Crude oil prices ease on prospects of higher world supplies
Crude oil futures lost more ground on Monday as the market was weighed down by U.S. output climbing to a record-high and expectations that OPEC members will raise supplies.