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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 extend losing streak for sixth day
Bangladesh’s stocks extended losing streak for the sixth running sessions on Wednesday as risk-averse investors continued on selling spree.
Indian rupee sinks to 6-month low of 65.75 on foreign fund outflows
The Indian rupee slumped to a six-month low of 65.75 on heavy foreign fund outflows and month-end dollar demand.
Sensex tanks 440 points as Army conducts surgical strike along Myanmar border
The benchmark BSE Sensex crashed 440 points on reports that the Indian Army today conducted a surgical strike alongside India-Myanmar border. The Indian Army today inflicted “heavy casualties” on NSCN(K) cadre during an operation along the India-Myanmar border.
Asian markets end mixed after cautious trade as the dollar extends gains following Yellen speech
Greater China markets bucked declines in most Asian markets to post slight gains on Wednesday as investors digested Federal Reserve Chair Janet Yellen's overnight speech and as North Korea tensions took a backseat.
Gold edges down as dollar gains on Fed rate hike view
Gold inched lower on Wednesday, weighed down by a stronger dollar amid prospects for a December interest rate hike in the United States and ahead of the unveiling of a tax plan by Donald Trump's administration.
Brent oil eases but remains in sight of 2015 highs
Brent oil eased on Wednesday following a report of a possible increase in Nigerian exports, but an unexpected drop in U.S. crude inventories helped keep the price within sight of this week's 26-month highs.
4 reasons crude oil moved higher in September
During the first 25 days of September, Brent crude prices rose 12.7% to $59.02 per barrel. After almost three years of depressed prices and a summer in which Brent bottomed as low at $44.82 per barrel, there is talk that this jump is the start of a significant price rebound.
Top 5 things to know in the market on Wednesday
Here are the top five things you need to know in financial markets on Wednesday, September 27:
BBN/SSK/ANS