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’s stocks turn higher at midday
Bangladesh’s stocks turned higher at midday on Thursday as investors are active on sector-wise stocks ahead of monetary policy announcement.
UN cuts food east African refugees as donors prioritising crises in Syria, Yemen, Bangladesh
Cuts in food rations for 1.5 million refugees in east Africa, due to funding shortages, could increase school dropouts, crime and malnutrition, a United Nations official said on Wednesday.
Indian rupee advances 5 paisa against dollar to 63.83
The Indian rupee strengthened by 5 paisa to trade at 63.83 against the dollar at the Interbank forex market today on sustained foreign capital inflows. Besides, domestic equity markets soaring to new highs and the dollar losing sheen against some other currencies overseas also supported the local unit, traders said.
Sensex, Nifty scale fresh peaks as bank stocks extend rally
The S&P BSE Sensex continued its record-setting spree for a second day, scaling a new high of 35,478.34 in morning trade as banking stocks led the rally on sustained foreign fund flows. Also, the broader NSE Nifty zoomed to a new high of 10,887.50.
Asian shares nudge higher following US gains
Stock indexes in Asia on Thursday bounced back from declines in the last session, tracking substantial overnight gains on Wall Street.
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.