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 negative trend at midday
Bangladesh’s stocks stayed in the negative trend at midday on Tuesday as investors remained on selling mood on sector-wise stocks.
Sensex turns flat; HUL slumps 3.7%, Asian Paints 2.7%
The Sensex fell over 200 points from intraday high of 38,518.56 on foreign fund outflows, surging global crude oil prices, weak rupee amid negative global cues.
Indian rupee slumps to all-time low of 71.37
The Indian rupee opened at a record low of 71.24 against the dollar, against its previous close of 71.21. However, it slumped 16 paise to a life-time low of 71.37 due to strong demand for the US currency.
Asia stock indexes mixed in midday; trade and emerging market concerns weigh
Asian stock indexes were mixed on Tuesday afternoon, with markets remaining uncertain over trade concerns and emerging market worries.
Gold prices slip as trade, emerging market worries lift dollar
Gold prices inched down on Tuesday as the dollar hit a one-week high on the back of intensifying global trade tensions and economic worries in emerging markets.
U.S. oil prices rise as Gulf platforms shut ahead of hurricane
U.S. oil prices rose on Tuesday, breaking past $70 per barrel, after two Gulf of Mexico oil platforms were evacuated in preparation for a hurricane.