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 stayed in the downward trend at midday on Monday, the last trading session before Eid-ul-Azha vacation.
Sensex soars 299 points; L&T, Tata Motors stocks vroom
The S&P BSE Sensex was trading higher by 299.14 points or 0.79 per cent at 38,247.02 and the Nifty50 up 71.3 points or 0.62 per cent at 11,542.05 on heavy buying in capital goods, infrastructure, metal and oil & gas stocks. Only IT and TECk stocks succumbed to selling pressure.
Indian rupee rebounds to 69.76 on fresh dollar selling ahead of US-China trade talks
The Indian rupee recovered from its all-time low by rising 39 paise to 69.76 against the US dollar on fresh selling of the greenback by exporters and banks ahead of US-China trade talks this week.
Asia trades mixed as investors look to US-China tariff talks
Asia markets were mixed in afternoon trade on Monday, following a higher finish on Wall Street Friday after a report said China and U.S. negotiators are working on a plan to end a trade dispute that would result in meetings between President Donald Trump and Chinese leader Xi Jinping in November.
Gold prices nod higher as optimism on US-China trade pressures the dollar
Gold prices inched higher on Monday as hopes of easing trade tensions between the United States and China put pressure on the dollar, adding to demand for the yellow metal that improved last week after prices touched 19-month lows.
Oil prices edge down on concerns of slowing economic growth
Oil prices fell on Monday as concerns over slowing economic growth weighed on markets.