Bangladesh Taka

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 remains unchanged against US dollar
The exchange rate of Bangladesh Taka (BDT) against the US dollar in the inter-bank foreign exchange market remained almost stable in early hour transactions on Thursday.

Bangladesh’s stocks keep downturn at midday on Thursday
Bangladesh’s stocks kept its downward trend at midday on Thursday as risk-averse investors continued their selling spree on sector specific stocks.

Standard Insurance recommends 10% stock dividend
The board of directors of Standard Insurance has recommended 10 percent stock dividend for the year ended on December 31, 2016, said an official disclosure on Thursday.

Indian rupee weakens by 6 paisa to 64.39 on dollar demand
The Indian rupee depreciated by 6 paisa to 64.39 against the US dollar in early trade at the forex market today on increased demand for the American currency from importers and banks.

Sensex trading flat; IT, TECk stocks major losers
The Sensex and Nifty were trading flat tracking Asian peers ahead of a slew of global events, including the European Central Bank’s policy meeting, UK elections and congressional testimony from ex-FBI director James Comey.

Cautious trade in Asia ahead of UK election, Comey testimony; oil recovers slightly
Asian markets were slightly higher on Thursday ahead of key risk events later in the day, with apparent land-to-ship missiles fired by North Korea in the morning added to the mix.

Gold inches down ahead of UK polls, ex-FBI chief’s testimony
Gold edged lower on Thursday as investors awaited cues on market direction amid a number of geopolitical events later in the day that could boost the safe-haven demand for the metal.

Oil rises off 1-month lows struck after surprise stock build
Crude futures edged up in early Asian trading on Thursday following heavy losses in the previous session after official data showed that U.S. inventories rose for the first time in 10 weeks, reawakening concerns over a glut.
BBN/SSK/AD