Thursday’s evening business round up of Bangladesh

Last updated: October 5, 2017

Photo: Investing.com

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’s stocks end higher amid high turnover
Bangladesh’s stocks extended the winning spell on Thursday, with key index of the major bourse crossing the 6,200-mark once again, as investors remained active on bank shares.

More forest land for Kutupalong refugee camp: Maya
A further 1,000 acres forest land will be allocated for expanding the Kutupalong refugee camp in Ukhia of Cox’s Bazar, increasing the allocated land to 3,000 acres, the relief and disaster management minister said today.

'From now on Rohingya will be called forcefully displaced Myanmar citizens’
The government will identify Rohingya refugees as forcefully displaced Myanmar citizens from now on.

Indian rupee weakens to 65.10 as dollar edges up
The Indian rupee declined 9 paisa to 65.10 as the dollar inched up against a basket of peers on Thursday after data shed more positive light on the US economy.

Sensex ends down by 80 points; PowerGrid, ICICI Bank top losers
The Sensex and Nifty ended lower on Thursday, snapping a four-day winning streak, due to selling pressure in oil & gas, consumer durables and PSU stocks amid weak global cues.

Asia markets mixed as Australia retail stocks weighed by surprise drop in sales data
Asia markets traded mixed on Thursday, with some Australian retailers faltering after lower-than-expected sales data showed consumers Down Under were cutting back.

Gold edges higher on bargain hunting after correction
Gold ticked higher on Thursday as some speculators bet that a slide from last month's peak had run its course as they waited for more clues on whether U.S. interest rates would be hiked.

Oil steady as talk of new OPEC deal balances US exports
Oil prices steadied on Thursday on expectations that Saudi Arabia and Russia would extend production cuts, although record U.S. exports and the return of supply from a Libyan oilfield dragged on the market.

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, October 5.
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