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.
Transactions in call money market decrease after Eid
The volume of overall transactions in the call money market decreased on Wednesday after the Eid vacation.
Bangladesh’s stocks turn volatile at midday on Thursday
Bangladesh’s stocks witnessed volatility at midday on Thursday, as investors were active both sides of the trading fence, the last trading session of this fiscal year 2016-17.
Oil rises for sixth session, buoyed by US output decline
Crude oil futures rose for a sixth consecutive session on Thursday, as a decline in U.S. production underpinned the market that has been under pressure from a global supply glut.
Gold inches up as dollar tumbles to lowest since Oct
Gold edged higher on Thursday as the U.S. dollar weakened against other currencies on bets that central banks in Europe were preparing to scale back monetary stimulus, but the bullion’s gains were capped by a surge in equities.
Sensex jumps 191 points on govt reforms, F&O expiry
The benchmark BSE Sensex was trading higher by nearly 200 points on Air India disinvestment and due to short-covering by funds and retail investors ahead of June F&O expiry later in the day.
Rupee strengthens by 10 paise to 64.45
The rupee strengthened by 10 paise to 64.45 against the dollar owing to firm equities. According to forex dealers, fresh selling of the American currency by exporters and banks also supported the uptrend. A strong domestic equity market too supported the rupee sentiment.