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 call money transactions reach at BDT 79bn
The volume of overall transactions in the money market reached at nearly BDT 79 billion on Tuesday while the rate was almost unchanged.
Bangladesh’s stocks extend losing spell for second day
Bangladesh’s stocks extended their losing streak for the second running day on Wednesday as risk-averse investors continued on profit booking mood.
Bangladesh’s three mutual funds declare dividend
Bangladesh’s three mutual funds – Green Delta Mutual Fund, DBH First Mutual Fund and SEML Lecture Equity Management Fund – have declared dividend income.
Bangladesh to get $200m ADB loan for urban infrastructure, governance in municipalities
The Asian Development Bank’s (ADB) Board of Directors has approved a loan package of US $200 million to strengthen urban infrastructure, service delivery and governance in Bangladesh’s municipalities.
Indian rupee weakens to 63.84
The Indian rupee weakened by 21 paisa to 63.84 against the US dollar due to mounting tensions between US and North Korea.
Sensex plunges 216 points as US-North Korea tensions rattle investors
The Sensex and Nifty ended lower on Wednesday, their third straight session of falls, dragged down by healthcare and financial stocks amid mounting tensions between the United States and North Korea.
North Korea tensions back in the spotlight as Asian shares digest China inflation data
Most Asian indexes closed lower on Wednesday as geopolitical tensions re-entered the spotlight and China consumer inflation missed expectations.
Gold gains on escalating North Korea tensions
Gold rose on Wednesday after North Korea said it is considering an attack on the U.S. Pacific territory of Guam just hours after President Donald Trump warned Pyongyang that any threat to the U.S. would be met with “fire and fury”.
Crude oil rises toward $50 a barrel ahead of US stockpile report
Oil prices rose on Wednesday ahead of a report expected to show U.S. crude stockpiles dropped for a sixth week, although gains were capped by doubts about compliance with OPEC-led supply cuts.
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, August 9.