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 fail to stay positive at midday
Bangladesh’s stocks failed to stay positive trend at midday on Thursday as cautious investors went on selling spree on sector-wise large-cap stocks.
Sensex climbs 210 points; GAIL rallies 7%
The benchmark BSE Sensex and the NSE Nifty continued to rally on Thursday in the afternoon session as investors continued to cherry-pick stocks. At about 1.30 pm, the Sensex rose 209.80 points or 0.64 per cent to trade at 32,806.98 while the NSE Nifty was up 74.95 points or 0.75 per cent at 10,119.05.
Indian rupee marginally down at 64.54 against dollar
The Indian rupee is trading almost flat at 64.54 per dollar in late morning deals following mild bouts of dollar buying by importers and banks amid higher domestic equities.
Asian stocks recoup some losses as dollar gains
Asian markets closed mixed on Thursday, as the Hang Seng Index and Nikkei 225 recouped some losses after falling around 2 percent on Wednesday. Stateside, major indexes closed narrowly mixed as investors awaited tax reform developments.
Gold slides to 4-month low as dollar edges up
Gold prices dropped to their lowest level in four months on Thursday as the dollar rose underpinned by optimism surrounding tax reform in the United States.
Oil prices stable as lower crude stocks counter soaring US output
Oil prices were stable on Thursday as a fall in U.S. crude inventories was countered by soaring output and a rise in fuel stocks.