Thursday’s midday business round up of Bangladesh

Last updated: March 2, 2017

Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) has prepared the business round up compiling reports, published by different newspapers and news portals Thursday midday in Bangladesh.

Bangladesh’s stocks keep mix trend at midday

Bangladesh’s stocks kept the early hour’s mixed trend at midday on Thursday as the investors remained active both sides of the trading fence.

Bangladesh Taka depreciates one paisa against US$
The exchange rate of Bangladesh Taka (BDT) depreciated by maximum one paisa against the US currency in early hour transactions on Thursday in inter-bank foreign exchange (forex) market.

Crude oil drifts lower in Asia
Crude oil prices drifted weaker in Asia on Thursday with market players looking again at weekly US data on rig counts at the end of the week and more details on a coordinated effort by key major producers to curb output.

Gold prices ease in Asia
Gold prices fell in Asia on Thursday with more investors expecting the Fed to hike rates this month, though sentiment remains mixed with many saying the central bank could wait a month or two for further clarity on economic plans by President Donald Trump.

Sensex jumps 159 points
The benchmark BSE Sensex was trading higher by over 150 points at 29,143 and the NSE index Nifty was close to 9,000-mark as investors and domestic institutions widened bets, tracking a rally in global markets.

Indian rupee rides on GDP numbers, up 6 paisa in early trade
The Indian rupee edged higher by 6 paisa to 66.76 against the dollar in early trade Thursday after exporters and banks stepped up selling of the US currency.

Asian markets trades mostly higher
Asian markets traded mostly higher Thursday, tracking gains in the US where the Dow Jones industrial average closed above 21,000 on the back of President Donald Trump's speech to lawmakers.
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