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’s stocks extend losses for seven days
Bangladesh’s stocks extended the losing streak for the seven consecutive sessions, as investors continued their selling binge amid poor quarterly earnings disclosures.
Export earnings grow 6.41pc in July-April
The country’s export earnings maintained a moderate growth of 6.41 per cent during the first ten months of the current fiscal year (FY), 2017-18.
SC clears bar on GCC polls, orders it to be held by June 28
The bar on Gazipur City Corporation election has been scrapped by the Supreme Court.
NEC approves Tk 1.73 trillion ADP for FY19
The National Economic Council (NEC) has approved a Tk 1.73 trillion worth of Annual Development Programme (ADP) for the next fiscal year (FY19).
FIFA referee Munir Hossain passes away
Retired FIFA referee and former general secretary of Bangladesh Kabaddi Federation, Munir Hossain, breathed his last in Dhaka this morning. He was 80 years old.
Sensex ends lower by 73 points ahead of Karnataka elections
The Sensex ended lower by 73.08 points or 0.21 per cent at 35,246.27 and the Nifty down 25.15 points or 0.23 per cent at 10,716.55.
Indian rupee plunges to fresh 15-month low of 67.43
The Indian rupee plunged to a fresh 15-month low of 67.43 against the US dollar due to strengthening of the American currency overseas, sustained foreign fund outflows and soaring global crude prices.
Markets in Asia notch moderate gains as oil prices rise to multi-year highs
Asian markets closed with moderate gains on Thursday as oil prices traded higher after touching fresh multi-year highs.
Gold prices steady amid firm dollar; Iran tensions support
Gold prices steadied on Thursday as the dollar held firm near its 2018 peak on strong U.S. bond yields, with investors also keeping an eye out for any further impact from U.S. President Donald Trump’s decision to pull out of a nuclear deal with Iran.
Oil prices hit highest in years as markets adjust to looming sanctions on Iran
Oil prices clocked up more multi-year highs on Thursday as traders adjusted to the prospects of renewed U.S. sanctions against major crude exporter Iran amid an already tightening market.
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, May 10.