Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Wednesday’s evening business round up compiling reports, published by different newspapers and news portals both in local and international.
Depreciating mode of Bangladesh Taka continues at closing
The depreciating mode of Bangladesh Taka (BDT) against the US dollar continued following higher demand for the greenback in the inter-bank foreign exchange market on Wednesday.
Bangladesh’s stocks plunge on profit taking
Bangladesh’s stocks ended lower on Wednesday with key index of the country’s premier bourse dipped below 5,800-mark as risk-averse investors booked quick-profit on large-cap issues.
Indian rupee up 3 paisa at 64.56 on increased dollar selling
The Indian rupee was trading strong at 64.56 against the US dollar on increased selling of the greenback by banks and exporters along with continued foreign fund inflows.
Sensex ends at record closing high of 31,804.82
The Sensex and Nifty closed at their highest ever levels for a third day running on Wednesday, as the shares of energy companies such as Reliance Industries Ltd advanced on the back of higher crude prices.
Asia markets close mostly lower as investors await Yellen testimony, digest Trump Jr. emails
Asian equities closed mostly lower on Wednesday as markets awaited Federal Reserve Chair Janet Yellen’s testimony before congress in the U.S.
Gold prices steady as investors await Yellen’s testimony
Gold held steady on Wednesday as investors awaited testimony from U.S. Federal Reserve Chair Janet Yellen and central bank officials expressed caution about further interest rate hikes.
Oil rises above $48 as API reports drop in US fuel stocks
Oil rose above $48 a barrel on Wednesday in response to a fall in U.S. fuel inventories and a cut in the U.S. government’s forecast for crude output next year which raised hopes that a supply glut is easing.
Top 5 things to know in the market on Wednesday
Here are the top five things you need to know in financial markets on Wednesday, July 12.