In Bangladesh, South Asia’s garment industry leader, exports are a key element in the strong growth outlook. Photo: ADB

Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Wednesday’s midday business round up compiling reports, published by different local and international newspapers and news portals.

Bangladesh’s stocks see roller-coaster ride at midday
Bangladesh’s stocks witnessed roller coaster ride at midday on Wednesday, the fourth trading session of the week, as investors took cautious steps.

Hatirjheel-Sonargaon flyover opened
Another part of the Moghbazar-Mouchak flyover in Dhaka, that connects Hatirjheel to Sonargaon intersection, has been opened to public.

Farmworkers’ wage rates inch up slightly
Workers involved in the agriculture showed marginal enhancement of their wages in March this year compare to the month of February, according to the latest data of Bangladesh Bureau of Statistics (BBS).

Indian rupee up 3 paisa at 64.05 on fresh dollar selling
The Indian rupee made a tepid start on Wednesday by recovering a mere 3 paisa to 64.05 against the dollar.

Sensex, Nifty trading flat due to profit-booking
The Sensex and Nifty were trading flat due to profit-booking by funds and retail investors after two back-to-back record-setting sessions.

Asian markets fall as safe-haven yen climbs
Asian markets were mostly lower on Wednesday, with Dow futures tumbling and the safe-haven yen climbing amid political and legal turmoil surrounding U.S. President Donald Trump.

Oil drops on rising US crude inventory, defies expected supply cut extension
Oil prices fell on Wednesday after data showed an increase in U.S. crude inventories, stoking concerns that markets remain oversupplied despite efforts by top producers Saudi Arabia and Russia to extend output cuts.

Gold rises to 2-week high on safe-haven demand amid Trump concerns
Gold hit a two-week high on Wednesday as Asian stocks slipped and the dollar fell amid political uncertainty after a source said U.S. President Donald Trump asked the FBI to end a probe into his former security adviser.
BBN/SS/ANS