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 losing streak for second day
Bangladesh’s stocks ended lower for two consecutive sessions Thursday, with key index of the major bourse dipping below 6,100-mark again, as cautious investors continued on selling binge.
Another lie by Myanmar army chief, calls exodus exaggerated
The media has “exaggerated” the number of Rohingya refugees fleeing an army crackdown, Myanmar’s commander-in-chief said today, in a brash rebuttal of accusations of ethnic cleansing by his forces.
Sensex spurts 348 points to 32,182; Nifty jumps to 10,096
The benchmark BSE Sensex surged nearly 350 points due to building up of fresh positions by participants ahead of key economic data — industrial production (IIP) for August and consumer inflation for September to be released later today.
Indian rupee weakens to 65.16 on mild dollar demand
The Indian rupee weakened to 65.16 due to mild demand for the greenback from importers and banks despite dollar remaining weak overseas.
Asian shares rise after Wall Street’s record close as investors digest Fed minutes
Most Asian shares gained on Thursday after Wall Street closed at record levels following the latest minutes from the Federal Reserve. Meanwhile, the dollar remained on the back foot.
Oil prices slip despite expected OPEC extension of output cuts
Oil prices slipped on Thursday as U.S. fuel inventories rose and despite efforts by OPEC to cut production.
Gold prices gain in asia as fed minutes seen slightly dovish
Gold gained in Asia as the Fed appears on track for a December rate hike, but set a somewhat overall dovish tone on the track for 2018 in minutes released overnight.
Global oil market seen balanced in 2018, even with rising output: IEA
Global supply and demand for crude oil will be largely balanced next year, as growth in consumption helps erode a three-year-old overhang of unused fuel and should mostly offset a steep rise in output, the International Energy Agency said on Thursday.
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, October 12.