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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.
Transactions in call money market rise further ahead of Eid
The volume of overall transactions in the call money market increased further on Tuesday ahead of the upcoming Eid festival.
Bangladesh’s stocks stay upbeat at midday on Wednesday
Bangladesh’s stocks kept its upward trend at midday on Wednesday as optimistic investors continued their buying spree on sector specific stocks amid post-Eid expectation.
Indian rupee weakens to 64.64 on sustained capital outflows
The Indian rupee fell further by 15 paisa to 64.64 against the US dollar on sustained capital outflows and a weak domestic equity market.
Sensex down 87 points as oil slump spooks investors
The Sensex and Nifty were trading down by nearly 0.4 per cent owing to weak Asian cues as oil prices took a big beating on concerns of oversupply. Domestic sentiment was also hit as the rupee remained weak against the dollar.
Stocks in Asia decline after fall in oil
Asian bourses traded mostly lower on Wednesday following MSCI's decision to add mainland Chinese stocks to its emerging markets index gradually and as oil prices slipped around 2 percent overnight.
Gold edges up on falling equities, easing dollar
Gold inched up on Wednesday after hitting its lowest in five weeks in the previous session, buoyed as equities fell and the U.S. dollar eased from one-month highs following a tumble in crude oil prices.
Oil languishes near multi-month lows on glut fears
Oil prices dipped on Wednesday, trading around multi-month lows as investors discounted evidence of strong compliance by OPEC and non-OPEC oil producers with a deal to cut global output.
BBN/SSK/AD