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 fail to stay in positive mood at midday
Bangladesh’s stocks failed to stay in the positive trend at midday on Monday as some investors are booking profits on sector-wise stocks.
Bangladesh least innovative country in Asia: Report
Bangladesh has been ranked the least innovative country and Singapore the most innovative in Asia.
ML Dyeing makes flying debut
Bangladesh’s ML Dyeing Limited makes flying debut on Monday as its share price jumps 163 percent within first 15 minutes of trading.
Sensex tanks 398 points; HDFC, RIL plunge 2%
The Sensex was trading lower by 398.26 points or 1.05 per cent at 37,692.38 and the Nifty down 102.75 points or 0.89 per cent at 11,412.45.
Indian rupee slumps to 72.69
The Indian rupee depreciated 85 paisa to 72.69 against the dollar, despite the government’s steps to stem a steep fall in the currency, amid reports that the US could announce a new round of tariffs on Chinese imports later in the day.
Asia markets broadly lower as US-China trade tensions rise again
Asian markets remained in broadly negative territory on Monday afternoon, amid reports over the weekend that the U.S. could be imposing new tariffs on $200 billion of Chinese goods as early as this week.
Gold nudges up amid looming U.S. tariffs on China
Gold inched up on Monday as bargain-hunters bought the metal after prices dipped in the previous session, amid reports that the United States is set to impose a new round of tariffs on Chinese imports.
Oil prices ease as trade row clouds demand outlook
Global oil prices eased in early Asian trading on Monday on concerns that the United States is poised to impose additional tariffs on China, outweighing supply fears from upcoming sanctions on Iran.