BBN file photo
Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Wednesday’s midday business round up compiling reports, published by different local and international newspapers and news portals.
Bangladesh’s stocks stay down at midday on Wednesday
Bangladesh’s stocks kept its downward trend at midday on Wednesday as cautious investors continued their selling spree on sector specific stocks.
Bangladesh Taka remains stable against US dollar
The exchange rate of Bangladesh Taka (BDT) against the US dollar in the inter-bank foreign exchange market remained almost stable in early hour transactions on Wednesday.
Sensex up 132 points on bountiful rain forecast
The Sensex and Nifty were trading higher by nearly 0.5 per cent as the revised forecast of better monsoon enthused investors, who are keenly awaiting the RBI’s bi-monthly policy meet outcome due later in the day.
Indian rupee trading flat at 64.43
The Indian rupee pared its initial losses and was trading flat at 64.43 in pre-noon deals following sustained bout of dollar demand from banks and importers.
Asia mixed as markets await trio of risks on Thursday; oil edges down
Asia was mixed on Wednesday as markets cautiously awaited a trio of potential major risk events on Thursday, including the U.K. election, a European Central bank review and former FBI Director James Comey's testimony to the Senate stateside.
Gold holds near 7-month high, political worries buoy safe-haven demand
Gold edged lower on Wednesday, although still holding near its highest in seven months, supported by a weaker dollar ahead of key political and economic events that are expected to stoke bullion's safe-haven appeal.
Oil dips on glut concerns, but Mideast tension, falling US stocks
Oil prices dipped on Wednesday, with Brent crude futures around $50 per barrel, as fuel markets remained oversupplied, although tension in the Middle East and falling U.S. inventories lent some support.
BBN/SSK/AD