Thursday’s midday business round up of Bangladesh

Last updated: November 23, 2017

Photo: Wikimedia

Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Thursday’s midday business round up compiling reports, published by different local and international newspapers and news portals.

Bangladesh’s stocks stay positive at midday
Bangladesh’s stocks stayed in positive trend at midday on Thursday as optimistic investors continued their buying spree on sector-wise stocks.

UN awards $1m for Bangladesh solar entrepreneurship initiative to aid rural electrification
In recognition of a novel project to spur solar entrepreneurship, two Bangladeshi companies have received $1 million 2017 UN Energy grant from United Nations.

FM meets Suu Kyi, talks Rohingya repatriation
Bangladesh Foreign Minister AH Mahmood Ali and Myanmar's State Counsellor Aung San Suu Kyi had a meeting here on Thursday morning when they discussed various issues of mutual interests, including the crucial Rohingya repatriation issue.

Indian rupee jumps to 64.80 on dollar selling
The Indian rupee spurted 12 paisa to 64.80 against the US currency due to increase dollar selling by banks and exporters.

Indian Sensex up 61 points
The Sensex and Nifty were trading marginally higher owing to sustained DII buying amid lack of directional cues from global markets.

Asian stocks search for direction as dollar struggles after Fed minutes
Asian markets were mostly subdued on Thursday, taking the lead from a quiet overnight session on Wall Street as investors parsed through minutes from the U.S. central bank.

Gold prices dip on profit-taking amid Fed inflation concerns
Gold prices nudged lower on Thursday, with investors taking profits after gains of nearly 1 percent in the previous session on weaker U.S. economic data and concernsamong some Federal Reserve policymakers over lower inflation.

Oil prices dip after US crude hits near 2-yr high on pipeline shutdown
Oil prices eased on Thursday, with U.S. crude dipping away from two-year highs reached the day before, but the shutdown of the Keystone pipeline and a drawdown in fuel inventories continued to bolster markets despite worries over rising output.
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