Thursday’s evening business round up of Bangladesh

Last updated: November 16, 2017

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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 back to higher as bank share surge
Bangladesh’s stocks returned to higher on Thursday, after a single-session break, with prime index of the country’s major bourse closing at record high since its inception on January 27 in 2013.

Indian rupee down 8 paisa at 65.29 against the dollar
The Indian rupee came under pressure against the dollar today after upbeat economic data bolstered prospects of a US interest rate increase next month and beyond. A higher interest regime pulls investors looking for more returns away from emerging markets assets that are considered risky.

Sensex rebounds 346 points as RIL, Infosys jump
Shares snapped three straight sessions of losses, aided by gains in banking and IT stocks.

Asia markets shrug off Wall Street’s slide to close higher
Asian equities shrugged off the softer lead from Wall Street to close higher on Thursday as oil eked out slight gains during Asian trade.

Gold steady as dollar gains amid US rate hike expectations
Gold prices were little changed on Thursday after upbeat U.S. economic data bolstered the prospects of interest rate increases next month and beyond by the Federal Reserve.

Oil stable as OPEC cuts counter rising US supplies
Oil markets were stable on Thursday as rising U.S. crude production and inventories were countered by expectations that OPEC will extend an ongoing production cut during a meeting at the end of this month.

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, November 16.
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