Bangladesh Taka is being counting. Photo: BBN
Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Thursday’s midday business round up compiling reports, published by different local and international newspapers and news portals.
Bangladesh Taka returns to appreciating mode against US$
The Bangladesh Taka (BDT) returned to appreciating mode against the US dollar in early hour transactions on Thursday in the inter-bank foreign exchange (forex) market.
Bangladesh’s stocks fail to keep positive at midday
Bangladesh’s stocks failed to keep the positive trend at midday on Thursday as cautious investors went on selling on sectors specific stocks.
BSEC to investigate Regent Textile, Tung Hai price hike
The securities’ regulator has formed probe committee to investigate into ‘unusual’ price hike in shares of Tung Hai Knitting & Dyeing and Regent Textile.
Industry’s contribution to GDP up
Overall industry’s contribution to the country’s Gross Domestic Product (GDP) is estimated to be enhanced in the ongoing fiscal year (FY17).
Indian rupee weakens to 64.42 on capital outflows
Indian rupee declined by 27 paisa to 64.42 against the US dollar on fresh capital outflows and dollar demand from banks and importers.
Sensex down 99 points, capital goods stocks plunge
The benchmark BSE Sensex fell nearly 150 points and the NSE index Nifty was trading below the 9,500-mark on fresh capital outflows and weak global cues.
Oil prices dip as supplies remain ample despite production cuts
Oil prices dipped on Thursday, weighed down by plentiful supplies despite an ongoing effort led by OPEC to cut production in order to tighten the market and prop up prices.
Gold holds gains as US political crisis deepens
Gold prices held steady on Thursday after touching an over two week high, buoyed by political turmoil in the United States and tempered expectations for an aggressive string of U.S. interest rate hikes.
BBN/SS/AD