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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.
Bangladesh’s stocks end higher for second day
Bangladesh’s stocks extended gaining streak for the two consecutive sessions on Wednesday as optimistic investors continued their buying spree on some large-cap stocks.
Depreciating mode of Bangladesh Taka continues
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.
Sensex ends flat; ICICI Bank results, Federal Reserve policy outcome eyed
The Sensex and Nifty ended flat on Wednesday as investors awaited key corporate results, including that of ICICI Bank Ltd, while the market watch for the outcome of a two-day policy meeting of the US Federal Reserve.
Indian rupee trading strong at 64.15
The Indian rupee was trading strong at 64.15 due to sustained selling of the American currency by exporters.
Asia markets mixed after Wall Street gains, oil rebounds, as Fed eyed
Asian markets were mixed on Wednesday, as gains on Wall Street overnight were offset by disappointment with Apple earnings, with traders looking ahead to the U.S. Federal Reserve meeting results.
Gold holds near 3-week low as Fed rate hike views lift dollar
Gold hovered near three-week lows on Wednesday as the dollar firmed on expectations of a U.S. interest rate increase in June and the market discounted a surprise win by France's far-right presidential candidate.
Oil prices rebound from five-week lows on report of falling US crude stockpiles
Oil prices rebounded on Wednesday after preliminary data showed a much higher-than-expected fall in U.S. crude stockpiles, but concern over OPEC's output cuts and rising output in Libya and the United States capped gains.
BBN/SS/ANS