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 positive at midday on Tuesday
Bangladesh’s stocks stayed positive trend at midday on Tuesday as some optimistic investors continued their buying spree on sectors specific stocks.
Bangladesh Taka remains unchanged against US$
The exchange rate of Bangladesh Taka (BDT) against the US dollar in the inter-bank foreign exchange market remained almost stable in early hour transactions on Tuesday.
Indian rupee weakens by 16 paisa on dollar demand
Indian rupee weakened by 16 paisa to 64.66 against the US dollar in early trade following increased demand for the American currency from importers and banks amid a weak domestic equity market.
Sensex up 55 points; Dr Reddy’s, NTPC stocks spurt
The Sensex and Nifty were trading marginally higher owing to lack of directional cues from global markets.
Asian markets dip into red, China and HK closed
Shares in Asia were mixed on Tuesday, following a directionless session yesterday as major markets around the world were closed for various holidays.
Gold firm near one-month highs as geopolitical concerns support
Gold held steady early on Tuesday as easing Asian stock markets and geopolitical concerns helped the yellow metal hover close to one-month peaks.
Strong start to summer driving season pushes US oil towards $50
U.S. crude oil prices rose towards $50 per barrel on Tuesday as a strong start to the summer driving season in the United States suggested strong fuel demand in months ahead.
Cyclone Mora hits Bangladesh with heavy rain, wind
Powerful Cyclonic storm “Mora” made landfall Tuesday morning between the port of Cox’s Bazaar and the city of Chittagong in Bangladesh lashing the coastal areas with heavy rain and winds.