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 stay positive at midday on Tuesday
Bangladesh’s stocks stayed at the positive trend breaking forth days’ losing streak at midday on Tuesday as optimistic investors continued their buying spree on sector specific stocks amid optimism
Bangladesh Govt to borrow BDT 10 billion issuing BGTBs
The government is set to borrow BDT 10 billion through issuing Bangladesh Government Treasury Bonds (BGTBs) today (Tuesday) to meet budget deficit partly.
Myanmar lies at UN, says no ethnic cleansing, genocide against Muslims
Amid condemnation around the world and UN calling the situation in Myanmar’s Rakhine state, “a textbook example of ethnic cleansing”, Myanmar’s UN ambassador lied to UN saying that there is no “ethnic cleansing” or genocide taking place against Muslims.
Sensex recoups some losses to trade at 31,533
The benchmark indices were trading in negative territory on Tuesday, weighed down by tensions between the US and North Korea. At 12.26 pm the Sensex was trading at 31,533 points, down 93 points or 0.3 per cent lower than its previous close. It had closed Monday’s session at 31,626.63.
Indian rupee losses against dollar swell, down 18 paise at 65.28
The Indian rupee struggled at a fresh 6-month low of 65.28 — down 18 paisa — against the dollar today, faced with heavy demand for the American currency from importers and banks, as foreign capital rushed out.
Asia markets slip after North Korea accuses Trump of declaring war
Asian markets were pressured in Tuesday trade, following declines on Wall Street overnight, as the war of words between North Korea and the U.S. escalated.
Gold steady, North Korea worries support
Gold held steady on Tuesday after rising over one percent in the previous session, supported by safe-haven demand amid rising tensions surrounding North Korea and as the dollar eased from near three-week highs.
Oil extends gains; Turkey threatens to cut oil flow
Oil prices extended gains on Tuesday, with Brent crude hitting a 26-month high, supported by Turkey’s threat to cut crude flows from Iraq’s Kurdistan region to the outside world.