Tuesday’s midday business round up of Bangladesh

Last updated: September 12, 2017

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Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Tuesday’s midday business round up compiling reports, published by different local and international newspapers and news portals.

 

Bangladesh’s stocks turn mixed at midday on Tuesday

Bangladesh’s stocks turned mixed trend at midday on Tuesday as cautious investors are booking profit on quick-gaining stocks.

 

PM Hasina visits refugees at Kutupalong Rohingya camp

Prime Minister Sheikh Hasina and a delegation reached Kutupalong Registered Camp for displaced Rohingya refugees at 11:30am Tuesday. She inspected the conditions in the camp and distributed aid among the refugees.

 

Realty, metal stocks push Sensex up 177 points

The BSE benchmark Sensex was trading above the 32,000-mark due to sustained buying by domestic investors ahead of key macroeconomic data to be released later in the day. Besides, a firm trend in other Asian markets fuelled the domestic market sentiment.

 

Indian rupee trading weak at 64.01

The Indian rupee was trading weak at 64.01 due to increased demand for the US currency from importers and the greenback’s gains against other currencies overseas.

 

Asian stocks climb and the dollar holds onto gains as North Korea and Irma concerns fade

Most indexes in Asia continued their ascent on Tuesday, following a firm lead from Wall Street as concerns faded over the potential damage of Hurricane Irma and as Korean Peninsula tensions took a backseat.

 

Gold prices ease as investors look to riskier assets

Gold prices hit their lowest in over a week on Tuesday, extending losses from the previous session as investor appetite for riskier assets such as equities began to pick up.

 

Oil prices dip as traders assess US hurricane impact

Oil prices edged down in early Asian trading on Tuesday, as traders weighed up the dampening effect on demand of Hurricane Irma versus refinery restarts in the wake of Hurricane Harvey that should lead to more crude oil processing.

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