BBN file photo
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’s call money rate falls, transactions up
The weighted average rate on call money fell slightly on Wednesday while the volume of overall transactions in the market increased.
Bangladesh’s stocks witness mixed at midday on Thursday
Bangladesh’s stocks witnessed mixed trend at midday on Thursday as investors remained on both sides of trading fence.
Indian rupee hits fresh two-year high of 63.56
The Indian rupee strengthened by 15 paisa to a fresh two-year high of 63.56 against the dollar, buoyed by hopes of more capital inflows, coupled with increased selling of the American currency by banks and exporters.
Sensex drops 169 points as services PMI falls to 4-year low of 45.9 in July
The benchmark BSE Sensex was trading down by nearly 170 points as the Services PMI fell to lowest level since September 2013 to 45.9 in July on GST confusion.
Asia markets fall after Dow cracks 22,000; Kospi down 1.5%
Asian indexes were mostly lower on Thursday after the Dow closed above the 22,000 level and as the dollar recovered slightly from a two-and-a-half year low touched overnight against the euro.
Gold prices drift further away from 7-week highs as dollar firms
Gold prices on Thursday drifted further away from seven-week highs hit earlier this week, as the dollar firmed on expectations the U.S. Federal Reserve could trim its bond holdings in September.
Oil dips on high OPEC supplies, defying falling US crude stocks
Oil dipped on Thursday as a rally that has pushed up prices by almost 10 percent since early last week lost momentum despite renewed signs of a gradually tightening U.S. market.
BBN/SSK/AD