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 key stock turnover hits 1.5yrs low
Turnover on Dhaka Stock Exchange (DSE) came down to BDT 3.0 billion Thursday, dipping to more than one-and-a-half years low, as participation of investors on the trading floor was thin due to security concern.
Bangladesh ex-PM Khaleda gets 5yrs for graft, sent to jail
Bangladesh opposition leader Khaleda Zia has been sentenced to five years in jail for corruption.
Four countries issue travel alerts for Bangladesh
At least four countries have issued travel alerts for Bangladesh requesting their citizens to avoid areas that generate large crowds and to monitor local media. The governments of United States, United Kingdom, Canada and Australia have issued these alerts on their websites.
Khaleda Zia enters old central jail
BNP Chairperson Khaleda Zia entered the premises of the old Central Jail in Nazimuddin Road after she was handed a five-year imprisonment in a graft case today.
Sensex spurts 330 points; Sun Pharma rallies 6.3%, Dr Reddy’s 3.2%
The Sensex and Nifty snapped their 7-day losing streak due to value-buying by DIIs and retail investors despite weak global cues. Domestic sentiment was also buoyed as Brent crude futures tumbled to a six-week low of $65.16 per barrel. A fall in crude prices is seen as positive for India, which imports most of its oil requirements.
Indian rupee wipes off early losses
The Indian rupee wiped off its early losses and was trading a tad strong at 64.26 owing to strong domestic equities and a weak dollar.
Markets in Asia climb despite softer US lead; yuan declines
Asian stock indexes closed higher on Thursday after last session’s rally stalled late in the trading day.
Gold hits 4-week low on firmer dollar amid US rate hike views
Gold prices dropped for a third straight session on Thursday and hit a fresh four-week low, as investors liquidated their long positions on a firmer dollar, while expectations of more U.S. rate hikes this year also weighed on the market.
Oil slides as US output soars and North Sea crude flows restart
Oil prices hit their lowest in six weeks on Thursday after data showed U.S. crude output had reached record highs and the North Sea’s largest crude pipeline reopened following an outage.
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, February 8.