Thursday’s evening business round up of Bangladesh

Last updated: August 31, 2017

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

DSEX crosses 6,000-mark for the first time
DSEX, the key index of the Dhaka Stock Exchange, crossed the 6,000-mark on Thursday for the first time since its introduction in January of 2013.

Bangladesh Bank looks to restrict supply of Tk 2 and Tk 5 banknotes
The Bangladesh Bank is looking to restrict the supply of Tk 2 and Tk 5 banknotes. An excess of coinage in the vaults prompted the decision, the central bank said.

BGMEA seeks 1yr for building relocation
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has filed a petition with the Supreme Court seeking one-year time for relocating its office building from Hatirjheel area of Dhaka.

Sensex gains 84 points on F&O expiry, global cues
The Sensex and Nifty ended higher by nearly 0.3 per cent due to covering-up of pending short positions by speculators on the expiry of the August derivatives contracts in the last hour of trade.

Indian rupee strengthens to 63.89
The Indian rupee strengthened to 63.89 on fresh dollar selling by banks and exporters. However, a strong dollar overseas weighed on the rupee sentiment.

Asian indexes mixed after release of positive China manufacturing PMI while dollar climbs
Asian indexes closed mixed on Thursday as the dollar extended gains and investors digested China manufacturing and services PMIs, as well as solid U.S. economic data.

Gold extends retreat from 11-month highs ahead of more U.S. data
Gold prices retreated further from their highest level in 11 months on Thursday, as market players looked ahead to a key batch of U.S. economic data to gauge the strength of the world's largest economy and how it will impact the Federal Reserve's view on monetary policy.

Global fuel market prices jump as Harvey's impact spreads beyond U.S. Gulf
Tropical Storm Harvey's effect on the energy industry has spread beyond flooding U.S. refiners as fuel pipelines also shut, threatening a supply squeeze across the nation and stirring up world markets as U.S. retail fuel prices rose further.

Top 5 things to know in the market on Thursday
Here are the top five things you need to know in financial markets on Thursday, August 31.
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