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.
LankaBangla Finance to issue worth BDT 3.0 billion bond
LankaBangla Finance has approved the issuance of subordinated bond worth of BDT 3.0 billion, said an official disclosure on Tuesday.
Bangladesh’s stocks turn volatile at midday Tuesday
Bangladesh’s stocks witnessed volatility at midday on Tuesday as investors are active on both sides of trading fence amid ongoing quarterly earnings declaration and upcoming Ramadan.
Dalal Street rejoice Modi’s big win in Karnataka; Sensex soars to 35,993, Nifty hits 10,928
Dalal Street rejoiced the Karnataka poll results with the Sensex trading higher by 206.14 points or 0.58 per cent at 35,762.85 and the Nifty up 57.6 points or 0.53 per cent at 10,864.20.
Indian rupee recovers sharply on suspected RBI intervention
The Indian rupee recovered sharply on Tuesday to rise on suspected intervention by the central bank after falling to a near 16-month low in early trade.
Asia markets broadly lower as Hang Seng leads declines; oil steady
Slight gains seen during the U.S. session failed to translate into an advance in Asian stocks on Tuesday, with major markets in the region trading below the flat line.
Gold prices little changed amid firm dollar
Gold prices were little changed on Tuesday, as the dollar held on to gains from the previous session after a Federal Reserve official backed the case for further interest rate hikes in the United States.
Oil holds gains as markets tighten amid OPEC cuts, Iran sanctions
Oil prices held firm on Tuesday as ongoing production cuts by OPEC and looming U.S. sanctions against Iran tightened the market amid signs of ongoing strong demand.