Thursday’s evening business round up of Bangladesh

Last updated: November 8, 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 edged higher for the second day in row on Thursday as some investors continued their buying appetite on sector-wise stocks.

Election-time govt may be announced Friday: Muhith
Finance Minister AMA Muhith has said the election-time government may be announced on Friday.“There will be no new faces in the election-time cabinet,” Muhith said after a cabinet committee meeting on Thursday.

Most Asian markets pop after US stocks cheer midterm elections, but mainland China slips
Stocks in Asia were mainly higher, with the exception of mainland China, after a stateside rally saw the Dow Jones Industrial Average and S&P 500 record their best post-midterm elections rally since 1982.

Dollar range-bound as investors await Fed rate decision; yen trades with weak bias
The dollar traded in a narrow range on Thursday as markets settled after U.S. midterm election results came in as expected, leaving investors free to focus on a Federal Reserve's policy decision later in the global day.

Gold inches lower on firmer dollar; investors await Fed rate call
Gold prices inched lower on Thursday on the back of a stronger dollar as investors digested the U.S. midterm election results and turned their focus to the Federal Reserve's monetary policy decision due later in the day.

Oil dips as soaring US production outweighs talk of OPEC output cuts
Oil prices dipped on Thursday as record U.S. crude output heightened concerns of a return of global oversupply, stoking talk from within OPEC that production curbs may become necessary once again to prevent a glut.

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 8.
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