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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 Tuesday
Bangladesh’s stocks stayed in the positive trend at midday on Tuesday as some investors remained active on sector-wise stocks.
Dhaka 2nd least liveable city in the world
Bangladesh capital Dhaka has ranked the second least liveable city in the world, according to the Economist Intelligence Unit annual global survey.
Sensex jumps 163 points, Nifty crosses 11,400; Axis Bank, Wipro major gainers
The Sensex was trading higher by nearly 170 points and the Nifty above the 11,400-level on positive economic data, buying by domestic institutional investors, strengthening of rupee against the dollar and encouraging earnings by some blue-chip firms, including Tata Steel.
Indian rupee breaches 70/$ as investors turn jittery over Turkish currency turmoil
The Indian rupee crashed to a fresh lifetime low of 70.09 against the dollar as investors were nervous that the plunge in the lira could prompt capital outflows from other emerging economies that run a hefty current account deficit and rely on foreign capital.
Nikkei rebounds after recent uncertainty over Turkey crisis; China lags
Asian shares were mixed on Tuesday, as some regional markets bounced back one day after declining over jitters related to economic uncertainty in Turkey.
Gold prices rise on bargain hunting, dollar pullback
Gold prices recovered on Tuesday from an 18-month low hit in the previous session as a break below a key psychological level triggered buying, while the U.S. dollar pared gains after scaling a 13-month high.
Oil prices edge up as Saudi cuts output, but looming demand slowdown drags
Oil prices rose on Tuesday after a report from OPEC confirmed that top exporter Saudi Arabia had cut production to avert looming oversupply.
BBN/SSK/AD