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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 call money transactions cross BDT 71bn
The volume of overall transactions in the call money market crossed BDT 71 billion on Monday while its rates remained unchanged.
Bangladesh’s stocks flat at midday trade
Bangladesh’s stocks were little changed amid mild volatility at midday Tuesday, as profit booking wiped off early gains.
Indian rupee firms up by 14 paisa to 64.05 on dollar selling
The Indian rupee firmed up by 14 paisa to 64.05 against the US dollar as exporters and banks intensified selling of the American currency.
Sensex trading flat; RBI policy review eyed
The Sensex and Nifty were trading flat as investors turned wary ahead of the RBI monetary policy review tomorrow. Domestic sentiment was also dampened as the manufacturing sector contracted in July following the GST launch.
Asian shares gain as White House upheaval digested; Caixin PMI better-than-expected
Greater political uncertainty stateside weighed on the dollar as Asian markets digested stronger-than-expected China Caixin manufacturing PMI released Tuesday.
Gold steady near 7-week highs on struggling dollar
Gold prices held steady near seven-week highs early Tuesday, after registering their biggest monthly gain in five in July, supported by a slump in the U.S. dollar and political uncertainty.
US oil prices open above $50 for first time since May, but headwinds persist
U.S. oil opened above $50 per barrel for the first time since late May on Monday, supported by strong fuel demand, but ongoing high supplies from producer club OPEC kept prices from rising further.
BBN/SSK/AD