US stock index futures jump
US stock index futures climbed higher on Tuesday ahead of the next round of quarterly earnings reports, with investors also keenly looking at the safety of reopening economies hit hard by the coronavirus-induced shutdowns. Wall Street kicked off the week on a strong note Monday as several US states allowed businesses to reopen after a near total halt in activity to contain the outbreak. Powered by a raft of US monetary and fiscal stimulus, all three major stock indexes are now within 20 per cent of their record closing highs.
Asian markets mostly up
Asian stocks mostly rose Tuesday as investors track government moves to ease lockdown measures around the world, helping extend the previous day’s rally, but US oil prices suffered another collapse. While data is beginning to highlight the impact coronavirus has had on economies, markets have been buoyed in recent days by news that some of the worst-hit countries are finally seeing infection and death rates slow to levels not seen for a month. However, profit-taking and concern that some containment measures could be lifted too soon-leading to a possible second wave of infections-are tempering any surge across markets. Hong Kong added more than one percent, Seoul gained 0.6 percent and Taipei put on 0.5 percent. Manila put on more than two percent while Jakarta climbed 0.3 percent, Singapore gained 0.2 percent and Mumbai was up 0.8 percent. Wellington surged more than three percent as investors returned from a long weekend when New Zealand declared victory in its battle against the virus and considered lifting restrictions.
Coca-Cola BD pledges Tk 115m to combat against Covid-19
As the need to step up relief efforts during the Covid-19 pandemic, Coca-Cola in Bangladesh has committed an initial support of Tk 115 million towards helping the healthcare system and communities through food package and distribution of beverages to combat the crisis and contain the spread of the pandemic, according to a press release. The relief programmes initiated by Coca-Cola in Bangladesh aims at benefiting and positively impacting over 5.0 million lives across the country.
Nagad declared as emergency service
Nagad, Bangladesh post Office’s financial service, has been enlisted as an emergency service by the government. Ministry of Public Administration issued a gazette notification to this end recently, said a Nagad press release on Tuesday, reports BSS. Nagad employees have been working since the beginning of government declared general holidays in this COVID-19 gripped situation. As many as 70,000 outlet services of Nagad across the country have remained open to ensure emergency financial service for the people. The release said Nagad retailers can continue their businesses after the government declares Nagad as emergency service.
City Bank Amex cardholders can pay credit card bill through bKash
Card members of locally issued American Express Credit Cards from City Bank can now pay their credit card bills anytime from anywhere through bKash app seamlessly. This new service will facilitate card members to make payment on time without waiting in queues at the bank counters or chances of missing deadline. It will reduce the extra load on bank counters as well. Particularly, amid this Covid-19 crisis, City Bank American Express cardmembers need not take any risk of going to bank as they can safely pay credit card bills from their home, maintaining social distance. Any bKash user having City Bank American Express Credit Card can avail this opportunity. Cardmembers can pay credit card bill in BDT and there is no limit for the bill payment. For City Bank American Express Credit Card bill payment, 1 per cent charge will be applied for cardmembers. However, as a promotional offer from bKash, cardmembers will get 1 per cent instant cashback on credit card bill payment amount with a limit of up to 200 Tk, valid from 26 April to 31 May.
Local and Global Stock Indices *
|Index Name||Close Value||Value Change||Percentage Change|
|↓ 32.23||↓ 0.13 %|
|FTSE100||5958.50||↑ 111.71||↑ 1.91 %|
|Nikkei 225||19771.19||↓ 12.03||↓ 0.06 %|
World Commodities *
|Commodity||Close Value||Value Change||Percentage Change|
|Crude Oil (WTI)||$ 13.53||↑ 1.19||↑ 9.64 %|
|Crude Oil (Brent)||$ 21.05||↑ 0.59||↑ 2.88 %|
|Gold Spot||$ 1711.04||↑ 3.25||↑ 0.19 %|
Major Currencies Exchange Rates Movement in Last Seven Days *
|USD 1||BDT 83.3142|
|GBP 1||BDT 103.651|
|EUR 1||BDT 90.2994|
|INR 1||BDT 1.10384|
*CURRENCIES AND COMMODITIES ARE TAKEN FROM BLOOMBERG.<