Thursday’s evening business round up of Bangladesh

Last updated: November 15, 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 Jamuna Oil declares 130pc dividend
Jamuna Oil Company Ltd has recommended 130 percent cash dividend for the year ended on June 30 in 2018, said an official disclosure on Thursday.

Bangladesh’s stocks finish flat after volatile trading
Bangladesh’s stocks ended almost flat on Thursday after volatile trading as investors were mostly followed cautious stance.

Sensex closes higher by 118 points; Adani Ports surges 4.2%, Kotak Bank 2.9%
The Sensex closed higher by 118.55 points or 0.34 per cent at 35,260.54 and the Nifty up 40.4 points or 0.38 per cent at 10,616.70 led by consumer durables, realty, banking and metal stocks amid firm global cues.

Rupee strengthens to 71.87 on FII inflows, easing crude prices
The rupee appreciated by 44 paise to 71.87 against the US dollar on fresh foreign fund inflows and easing crude oil prices. As per provisional data, foreign institutional investors had bought shares worth Rs 277.38 crore on Wednesday.

Shares in Asia mainly gain; pound strengthens amid progress on proposed Brexit deal
Stocks in Asia were mostly higher on Thursday on the back of an apparent improvement in market risk sentiment after British Prime Minister Theresa May managed to persuade her cabinet to back her draft Brexit agreement. European Union leaders will meet on Nov. 25 to endorse the divorce deal.

Dollar, yen gain as British Brexit turmoil spooks investors
The dollar jumped and traders bought into the safe-haven yen on Thursday after Britain's Brexit deal with the European Union was plunged into uncertainty, spooking investors.

Gold prices hold steady as US dollar eases
Gold prices held steady on Thursday, after rising nearly 1 percent in the previous session, as the dollar slipped further from a 16-month peak hit earlier in the week.

Oil steadies but remains threatened by potential supply glut
Oil prices steadied on Thursday, having lost nearly 7 percent over the previous three days, but concern over the prospect of an oversupplied market next year remained in spite of OPEC's message that it may cut crude output.

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 15.
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