Retail investors are in despair as DSE witnesses volatility. BBN file photo
Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) has prepared the business round up compiling reports, published by different newspapers and news portals Wednesday’s midday in Bangladesh.
Bangladesh’s stocks stay down at midday
Bangladesh’s stocks stayed downward trend at midday on Wednesday as the risk-averse investors continued on profit booking mood on quick-gaining stocks.
Depreciating mode of Bangladesh Taka continues
The ongoing mode of Bangladesh Taka (BDT) against the US dollar has continued following higher demand for the greenback in the foreign exchange market.
National Housing Finance recommends 18pc cash dividend
National Housing Finance and Investment has recommended 18 per cent cash dividend for the year ended on December 31, 2016, said an official disclosure on Wednesday.
Crude oil holds gains in Asia after sharp draw in API estimates
Crude oil prices held gains in Asia on Wednesday after a larger than expected draw in industry estimates of US crude inventories and as investors noted political risk from the launch of a medium-range ballistic missile by North Korea ahead of a summit between US President Donald Trump and Chinese President Xi Jinping this week that will discuss the Korean peninsula in addition to trade.
Gold dips in Asia after N Korea test, awaits ADP jobs data
Gold dipped in Asia on Wednesday as investors noted political risk from the launch of a medium-range ballistic missile by North Korea ahead of a summit between US President Donald Trump and Chinese President Xi Jinping this week that will discuss the Korean peninsula in addition to trade and looked ahead to jobs figures from ADP for further clues on the next likely Fed rate hike.
Sensex trading flat; RBI policy review eyed
The benchmark BSE Sensex was trading flat after hitting 30,000-mark in early trade as investors turned cautious ahead of RBI’s Monetary Policy Committee meet later in the day.
Indian rupee weakens by 11 paisa to 65.14
The Indian rupee weakened 11 paisa to 65.14 against the US dollar in early trade at the Interbank Foreign Exchange market Wednesday on increased demand for the American currency from importers and banks.
Asian equities higher, ASX up 0.3%, Nikkei adds 0.5%, Kospi flat
Asian shares were in positive territory on Wednesday morning, amid concerns over North Korea’s latest ballistic missile test which landed in the Sea of Japan.
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