Tuesday’s midday business round up of Bangladesh

Last updated: February 7, 2017

Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) has prepared the business round up compiling reports, published by different newspapers and news portals Tuesday midday in Bangladesh.

BDT depreciates five paisa against US$
The exchange rate of Bangladesh Taka (BDT) depreciated by five paisa against the US currency in early hour transactions on Tuesday in inter-bank foreign exchange (forex) market.

Bangladesh’s stocks rebound at midday
Bangladesh’s stocks returned the green at midday on Tuesday as the optimistic investors went on buying spree.

IBBL to issue BDT 5.0 billion Mudaraba bond
Islami Bank Bangladesh Limited (IBBL) will issue “IBBL Mudaraba Redeemable Subordinated Bond” worth BDT 5.0 billion, said an official disclosure on Tuesday.

Pacific Denims makes debut Tuesday
Pacific Denims made its share trading debut on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on Tuesday under “N” category, officials said.

Sensex slips 85 points
Indian shares fell about 0.30 per cent after opening flat on Tuesday on profit-booking and sluggish global cues.

Crude oil rebounds in Asia
Crude staged a rebound in Asia on Tuesday after a sharp overnight fall on dollar gains and concerns about the supply response to coordinated global oil cuts by OPEC and non-OPEC nations ahead of industry estimates on US inventories.

Indian Rupee falls 13 paisa against US dollar in early trade
After rising for nine straight days, the Indian rupee turned weak by 13 paisa to 67.35 against the US dollar in early trade at the foreign exchange market today on fresh demand for the American currency from importers.

Gold gains slightly in Asia
Gold prices inched up in Asia on Tuesday with risk sentiment dominating though Australia’s central bank sent a clear signal it sees an end to global monetary easing for now.

Asia markets fall as investor sentiment weakens
Asian markets were negative on Tuesday following the sluggishness in global equities amid risk-off sentiment.
BBN/SS/ANS

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