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 slightly lower
Bangladesh’s stocks witnessed a marginal correction on Thursday as cautious investors booked quick-profit on sector-wise stocks.
Quota scrapped, officially
The government circular scrapping quota for first and second class government jobs has been published, a day into the cabinet’s endorsement.
Sensex crashes 806 points; Nifty plummets to 10,599
The S&P BSE Sensex ended the session lower by 806.47 points or 2.24 per cent at 35,169.16 and the Nifty50 down 259 points or 2.39 per cent at 10,599.25.
Indian rupee ends weak by 24 paisa at 73.58
The rupee collapsed to a fresh low of 73.81 as the dollar reached a 11-month high against the yen and stood tall against other peers on upbeat US data and comments from Federal Reserve Chairman Jerome Powell that were seen as hawkish.
Asia markets slip; rising rates weigh on investors
Asia markets were lower on Thursday, with investors grappling with rising rates after strong U.S. economic data was released overnight.
Gold steady as hawkish Fed, robust US data lift dollar
Gold prices moved in a narrow range on Thursday after upbeat U.S. economic data and hawkish comments from Federal Reserve policymakers raised prospects of the central bank sticking to its tighter monetary policy, boosting the dollar.
Oil holds near four-year highs as Saudi, Russia agree supply rise
Oil held near four-year highs on Thursday, supported by the imminent loss of Iranian supply through U.S. sanctions, but also tempered by the prospect of a rapid production boost from Saudi Arabia and Russia.
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 4.
BBN/SS/AD