Thursday’s evening business round up of Bangladesh

Last updated: December 7, 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.

Bangladesh Taka depreciates 10 paisa more against US$
The Bangladesh Taka (BDT) depreciated 10 paisa more on Thursday against the US dollar due to short supply of the greenback in the inter-bank foreign exchange market.

Bangladesh’s stock turnover hits 2-month low
Turnover at the Bangladesh’s prime bourse came down to BDT 5.17 billion on Thursday, lowest in the last two months, as investors reluctant to make fresh investment in the market.

Sensex surges 352 points on all-round buying
The benchmark BSE Sensex and the NSE Nifty finished higher on Thursday as buying emerged across-the-board. The Sensex rallied 352.03 points or 1.08 per cent to end at 32,949.21 in its biggest single-day rise since November 1.

Indian rupee marginally down at 64.54 against dollar
The Indian rupee is trading almost flat at 64.54 per dollar in late morning deals following mild bouts of dollar buying by importers and banks amid higher domestic equities.

Asian stocks recoup some losses as dollar gains
Asian markets closed mixed on Thursday, as the Hang Seng Index and Nikkei 225 recouped some losses after falling around 2 percent on Wednesday. Stateside, major indexes closed narrowly mixed as investors awaited tax reform developments.

Gold slides to 4-month low as dollar edges up
Gold prices dropped to their lowest level in four months on Thursday as the dollar rose underpinned by optimism surrounding tax reform in the United States.

Oil prices stable as lower crude stocks counter soaring US output
Oil prices were stable on Thursday as a fall in U.S. crude inventories was countered by soaring output and a rise in fuel stocks.

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, December 7.
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