Thursday’s midday business round up of Bangladesh

Last updated: August 17, 2017

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Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Thursday’s midday business round up compiling reports, published by different local and international newspapers and news portals.

Bangladesh’s call money market eases slightly
Bangladesh’s inter-bank call money market eased slightly as weighted average rate fell slightly on Wednesday, market operators said.

Bangladesh’s stocks turn negative at midday on Thursday
Bangladesh’s stocks failed to stay positive territory at midday on Thursday as cautious investors are booking profit on sector-wise stocks.

Sensex turns flat; auto, bank stocks skid
The Sensex and Nifty turned flat due to profit-booking by funds and retail investors in auto, banking, FMCG and healthcare stocks amid mixed Asian cues.

Dollar on defensive after Fed minutes dampen rate hike prospects
The US dollar was on the defensive on Thursday after the minutes from the Federal Reserve's last policy meeting showed policymakers were increasingly wary of recent softness in inflation and could delay a rate hike.

Asian shares close mixed as political turmoil weighs on the dollar
Asian markets closed mixed on Thursday after a rally in the dollar was halted on political turbulence stateside while investors digested the Wednesday release of the Federal Reserve's minutes.

Gold edges up on softer dollar, palladium at 16-year peak
Gold rose on Thursday as the dollar remained subdued after minutes from the U.S. Federal Reserve's July meeting hinted at a delay in further rate hikes, while palladium hit a fresh 16-year high.

Oil edges up on decline in crude stocks, but high production caps gains
Oil prices edged up early on Thursday, clawing back some ground after losses in the previous session.
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