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 in positive trend at midday
Bangladesh’s stocks stayed in the positive note at midday on Tuesday amid choppy trading as investors were active on both sides of trading fence.
Healthcare, consumer durables stocks push Sensex up 222 points
The 30-share BSE index Sensex was trading higher by 222 points or 0.61 per cent at 36,527.02 and the 50-share NSE index Nifty up 77.75 points or 0.71 per cent at 11,045.15 on heavy buying in healthcare, consumer durables, IT and banking stocks amid weak global cues.
Indian rupee weakens to 72.96 as crude oil hits 4-year high
The Indian rupee weakened by 33 paise to 72.96 against the US dollar on increased demand for the American currency from importers as crude oil prices hit a four-year high. Brent crude breached the $81 a barrel mark by surging over 3 per cent to $81.28 a barrel.
Asia stocks mixed following US political uncertainty, trade tensions
Asia markets were mixed on Tuesday afternoon, following the Dow Jones Industrial Average’s fall overnight amid political uncertainty in the U.S.
Gold steady ahead of U.S. Fed meeting; trade worries persist
Gold held steady on Tuesday as the dollar stood firm ahead of the two-day U.S. Federal Reserve meeting beginning later in the day, while simmering U.S.-China trade tensions kept investors nervous about risks to global growth.
Oil near 4-yr high as producers resist output rise to offset Iran sanctions
Oil prices on Tuesday were within reach of four-year highs hit in the previous session, as looming U.S. sanctions against Iran and unwillingness by the Organization of the Petroleum Exporting Countries (OPEC) to raise output supported the market.