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 return to the green
Bangladesh’s stocks returned to higher on Thursday, after one-day break, as some optimistic investors went on buying spree on sector-wise large-cap stocks.
Bangladesh imposes ban on raw jute export
Bangladesh government has imposed an indefinite ban on export of some categories of raw jute, officials said. The export ban came on Thursday in response to the requests of the local industries for ensuring quality jute for them.
Now HC stays elections to 18 DSCC wards
The High Court today stayed the process of holding elections to the councillors’ post of 18 wards included in Dhaka South City Corporation (DSCC) in July last year.
Indian rupee moves up 4 paisa to 63.84 against dollar
The Indian rupee was trading marginally higher at 63.84 against the dollar at the Interbank forex market today in pre-close trade. Domestic equity markets soaring to new highs and the dollar losing sheen against some other currencies overseas supported the local unit, traders said.
Sensex, Nifty hit fresh closing highs
Markets continued their record- setting spree for the second straight day with BSE benchmark Sensex rising over 178 points to hit new closing high of 35,260.29 and Nifty ending above 10,800 for the first time, driven by a rally in banking counters. However, heavy selling in Reliance, Tata Steel, Adani Ports and SBI in the afternoon session checked the gains.
Shady triangle: Southeast Asia’s illegal fuel market
An alleged oil heist in Singapore that has already led to 20 arrests, the seizure of at least one tanker and allegations that thieves siphoned thousands of tonnes of fuel from Shell’s biggest refinery is shining a spotlight on an illegal trade worth tens of billions of dollars worldwide.
Asian shares close mixed, Nikkei gives up early gains
Stock indexes in Asia closed mixed after the Nikkei 225 gave up early gains late in the session. Investors also digested a raft of China data released as mainland markets closed.
Gold treads lower as dollar gains on stronger US data
Gold slipped on Thursday to its lowest in nearly a week, as the U.S. dollar edged further away from three-year lows propped up by stronger-than-expected economic data from the United States.
Oil edges up on falling US crude inventories, but supply remains ample
Oil prices inched up on Thursday on a reported decline in U.S. crude inventories, but prices stayed below recent three-year highs as fuel supplies remain ample and as refineries scale back operations.
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, January 18.