Thursday’s evening business round up of Bangladesh

Last updated: April 27, 2017

Retailers trade at Dhaka Stock Exchange office. BBN file photo

Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Thursday’s evening business round up compiling reports, published by different newspapers and news portals in Bangladesh and other countries.

FX volatility: BC selling falls drastically at 82.17 on Thursday
The average exchange rate of the Bangladesh Taka (BDT against the US dollar fell drastically at customer level on Thursday, bankers said.

LankaBangla rules DSE top turnover chart for third week
LankaBangla Finance dominated the transaction chart of Dhaka Stock Exchange (DSE) for the third straight week that ended on Thursday as investors were active on its shares throughout the week.

Bangladesh’s stocks extend gaining spell for third day
Bangladesh’s stocks extended the winning streak for the third straight day on Thursday as optimistic investors continued their buying spree on some large-cap stocks.

Depreciating mode of BDT continues against US$ 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 Thursday.

Indian rupee trading weak at 64.14 on fresh dollar demand
The Indian rupee was trading weak at 64.14 on fresh demand for the greenback from banks and importers despite its weakness in the overseas market.

Sensex sheds 104 points on F&O expiry, weak global cues
Benchmark indices ended lower after hitting record highs in the previous session due to profit-booking in recent outperformers amid weak global cues.

Asian equities close mostly higher with focus Trump tax plan; Samsung surges 2.4%
Markets in Asia closed mostly higher on Thursday, following the lower close on Wall Street as investors parsed details on U.S. President Donald Trump's highly-anticipated tax reform plans.

Oil prices fall on oversupply
Oil prices fell on Thursday, weighed down by oversupply, but losses were limited by expectations that major exporters would agree to extend production cuts to try to rebalance the market.

Gold falls, but doubts over Trump tax plan cap losses
Gold prices edged down on Thursday as global risk sentiment ebbed, but scepticism over U.S. President Donald Trump's tax reform plan curbed further losses.
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