Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Thursday’s evening business round up compiling reports, published by different newspapers and news portals both in local and international.
Bangladesh Taka remains stable against US dollar at closing
Bangladesh Taka (BDT) remained stable against the US dollar in the inter-bank foreign exchange market during evening transactions on Thursday.
Bangladesh’s stocks extend losses at closing
Bangladesh’s stocks extended the losing streak on Thursday with key index of the major bourse dipping below the 5,400-mark further, as risk-averse investors continued their selling spree.
No alternative to increase investment: MCCI
Though Bangladesh’s economy is progressing well, it is still below its true potential, according to a country’s leading trade body, Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI).
Sensex plunges 224 points, Nifty falls to 9,429 on profit-booking, US political woes
The NSE index Nifty fell over one per cent on Thursday, its biggest one-day fall in four months, as investors locked in profits on recent gains and as global markets were hit over swirling political uncertainty in the United States.
Asian equities extend losses amid US political risk
Asian equities lost ground on Thursday, while U.S. futures meandered, amid U.S. political turmoil accelerated with the appointment of a special counsel to take over the investigation into Russia’s involvement in the U.S. presidential election last year.
Indian rupee trading weak at 64.48
Indian rupee was trading weak at 64.48 on fresh capital outflows and dollar demand from banks and importers.
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.
Oil down as market stays well supplied despite OPEC cuts
Oil prices slipped on Thursday as the market remained well supplied with crude despite efforts by OPEC and other big exporters to curb production and support prices.
Top 5 things to know in the market on Thursday
Here are the top five things you need to know in financial markets on Thursday, May 18.