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 down at midday Thursday
Bangladesh’s stocks saw downward trend at midday on Thursday amid slow movement as some investors went on selling shares on sector-wise stocks.
MTB to issue fresh equity in favor of Norfund
The board of directors of Mutual Trust Bank has decided to convene an EGM to issue fresh capital and changes in few clauses of Articles of Association.
Stocks, forex, debt markets closed for Muharram
Stocks, forex and debt markets are closed on Thursday on account of Muharram. On Wednesday, the partially convertible rupee had closed at 72.37 per dollar versus its Tuesday’s close of 72.9750. It had hit a life low of 72.99 on Tuesday. The benchmark 10-year bond yield ended Wednesday at 8.07 percent versus its previous close of 8.14 per cent.
Asia markets mixed following broad gains on Wall Street
Asia markets traded mixed on Thursday. Japan’s Nikkei 225 was flat around 23,672.91 in mid-morning trade, while the Topix was slightly lower, down about 0.07 percent.
Gold prices edge up as easing trade concerns hurt dollar
Gold prices nudged up on Thursday as the dollar softened amid easing Sino-U.S. trade tensions and ahead of next week’s U.S. Federal Reserve meeting.
Oil prices climb amid fall in US stockpiles, supply worries
Oil rose for a third day on Thursday amid another drawdown in U.S. inventories and strong U.S. gasoline demand, while signs OPEC may not raise output to address shrinking supplies from Iran also supported prices.