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 remain in the red zone at midday
Bangladesh’s stocks remained in the red zone at midday on Tuesday as investors went on selling binge on sector-wise stocks.
BD may cross India in three years on per capita income
Bangladesh may overtake India in terms of per capita income within three years, according to an analysis of the Business Standard (BS).
Sensex trading flat; Maruti, L&T major gainers
The Sensex and Nifty were trading flat due to profit-booking by funds and retail investors and weak Asian cues owing to uncertainty over the US-North Korea summit and a political crisis in Italy.
Indian rupee weakens by 22 paise to 67.65 on fresh dollar demand
The Indian rupee weakened by 22 paise to 67.65 against the US dollar in early trade at the interbank forex market today on fresh demand for the greenback from importers and banks.
Japan leads losses in Asia as other markets in the region trade lower
Major markets in Asia traded lower on Tuesday, with Italian politics and the slide in oil prices in the spotlight.
Gold prices inch up, but stronger dollar weighs
Gold prices inched up on Tuesday after falling for the two previous sessions, but remained under pressure on hopes a U.S.- North Korean summit was back on track and as the U.S. dollar hovered near 6-1/2-month peaks.
Oil prices mixed but expected output increase drags
Oil prices were mixed in early Asian trading on Tuesday, but remained under pressure from expectations that Saudi Arabia and Russia would pump more crude to ease a potential shortfall in supply.
BBN/SSK/AD