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 extend losses for second day
Bangladesh’s stocks extended the losing streak for the second day in a row on Thursday with low turnover value as investors were mostly cautious ahead of year-closing.
Indian rupee climbs to 64.01 as US Congress gives final approval to tax Bill
The Indian rupee rose 10 paisa to 64.01 against the dollar as the US Congress gave its final seal of approval to a sweeping tax legislation. Dubbed as the biggest overhaul of the US tax code in 30 years, the Bill will slash tax rates for corporates as well as the middle class.
Sensex ends marginally down; auto stocks skid
Both the Nifty and Sensex ended marginally lower after hitting record highs in the previous session due to profit-booking by funds and retail investors and lack of directional cues from global markets. Global stocks gave a muted response to the US Congress’s approval of a long-anticipated tax overhaul in the country.
Asian shares edge lower after US tax bill passes; China bucks trend
Asian indexes lost ground on Thursday after U.S. stocks closed mostly flat following the passage of a comprehensive tax bill stateside. Greater China stocks, however, proved to be a bright spot in the region, with major indexes closing higher.
Gold steadies near 2-week high as stocks, dollar retreat
Gold steadied near a two-week high on Thursday, supported by weakness in stocks and a retreat in the dollar versus the euro as markets awaited the signing of a new U.S. tax bill.
Oil falls as UK North Sea oil pipeline moves closer to restart
Oil prices fell on Thursday after the operator of Britain’s Forties pipeline in the North Sea said it was expected to restart in early January after repairs over Christmas.
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 in December 21.