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 spell for second day
Bangladesh’s stocks extended their losing spell for the second day in a row on Thursday, as cautious investors continued on profit booking mood on quick-gaining stocks.
Sensex ends marginally higher; Infosys jumps 4.5% on buyback proposal
The Sensex and Nifty ended nearly flat on Thursday paring early gains due to a decline in auto, banking, healthcare and FMCG shares, while a surge in market heavyweight Infosys Ltd after the announcement of a probable share buyback propped up the indexes.
Gold rallies as investors push back Fed rate hike expectations
Gold prices rose sharply on Thursday, climbing back toward their highest level in more than two months after minutes from the Federal Reserve’s July meeting hinted at a delay in further rate hikes.
Oil steady as high US output balances crude stock draw
Oil prices steadied on Thursday after U.S. data showed a big fall in crude stockpiles but also an increase in production, taking U.S. crude output to its highest in more than two years.
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, August 17.