Photo: Investing.com
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 witness downturn at midday
Bangladesh’s stocks witnessed downturn at midday on Tuesday as cautious investors continued their selling spree.
Sensex slips into the red; oil & gas, FMCG stocks major losers
Benchmark indices were trading higher on value-buying in capital goods, auto, infrastructure and consumer durables stocks despite weak global cues. Also, the strengthening of rupee against the dollar boosted the domestic sentiment.
Indian rupee recovers from 16-month low
The Indian rupee recovered from its 16-month low to trade up by 15 paise at 67.97 against the US dollar in early trade on fresh selling of the dollar by exporters and banks.
Asian stocks ease as investors shrug off strong US lead
Asian markets were subdued on Tuesday, shrugging off gains seen on Wall Street as recent U.S.-China trade tensions cooled. Optimism over easing in those tensions that had given stocks in the region a lift in the last session appeared to fade slightly, as major markets traded moderately lower.
Gold prices slip as investors eye riskier assets
Gold prices dipped slightly on Tuesday, hovering not far off a 2018 low struck in the previous session as a firm dollar near five-month highs and optimism in global markets curbed appetite for the precious metal.
Oil prices rise on worries over Venezuelan supply
Oil prices rose on Tuesday amid worries that Venezuela's crude output could drop further following a disputed presidential election in the country and with potential sanctions on the OPEC-member.
BBN/SSK/AD