Thursday’s evening business round up of Bangladesh

Last updated: April 26, 2018

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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 end higher for second day
Bangladesh’s stocks extended the gaining streak for second day in a row on Thursday, as optimistic investors continued their buying spree on sector-wise stocks.

Bangladesh, Cambodia eye trade expansion
Cambodia has agreed to expand bilateral trade with Bangladesh as representatives from both countries met about it in Phnom Penh, the capital of the Southeast Asian country.

EU readies more sanctions against Myanmar
The European Union will extend its arms embargo on Myanmar for another year this week and may then move to target more Yangon generals with fresh sanctions, EU diplomats and officials said.

TIB backs single authority to ensure good governance in RMG sector
Transparency International Bangladesh (TIB) has recommended to form a single authority for establishing good governance in the country’s readymade garment sector.

Sensex ends at 3-month high of 34,714; YES Bank stocks spurt 8.3%
The Sensex rebounded by over 210 points to end at a nearly three-month high of 34,713.60 on buying by domestic investors in FMCG, IT, banking and TECk stocks amid firm European cues.

Indian rupee rebounds to 66.69
The Indian rupee rebounded to 66.69 against the US dollar due to fresh dollar selling by exporters and banks amid a strong domestic equity market.

Asian traded mixed; Chinese mainland markets decline more than 1%
Asia markets were mixed on Thursday, following modest gains on Wall Street, where the Dow closed higher for the first time in six sessions.

Gold is little changed near five-week low as higher dollar, bond yields weigh
Gold prices on Thursday were little changed after falling to their lowest in five weeks in the previous session, pressured by a stronger dollar, which held near more than three-month highs, and a rise in U.S. Treasury yields.

Oil prices rise on concerns over supply disruptions, but surging US output looms
Oil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and the Middle East as well as by strong demand.

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, April 26.
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