Thursday’s midday business round up of Bangladesh

Last updated: January 4, 2018

Photo: Investing.com

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 in the positive trend at midday on Thursday as cautious investors started to book profit on sector-wise stocks.

Yield rates of t-bills, bonds up in 2017
The yield rates of the treasury-bills and treasury-bonds increased modestly in the just-concluded year, according to the latest statistics of the central bank.

Detective police arrest eight in mobile banking scam probe
The Criminal Investigation Department (CID) has arrested eight bKash agents for illegal transactions through mobile banking and money laundering.

Indian rupee weakens by 8 paisa to 63.61 on dollar demand
The Indian rupee weakened by 8 paisa to 63.61 against the US dollar in the opening trade due to increased demand for the American currency from importers.

Sensex up 86 points; Tata Steel, CIL gain over 2.5%
The benchmark BSE Sensex was trading higher by nearly 90 points on continued FII inflows amid positive global cues.

Asia in positive territory after strong US lead; Nikkei jumps 2.8%
Major Asian markets traded mostly higher on Thursday, on the back of the stronger lead from Wall Street following positive economic data. South Korean markets underperformed regional peers, with the benchmark Kospi sinking below the flat line despite opening firmer as automakers declined.

Gold prices drop as dollar firms
Gold prices fell on Thursday after hitting a 3-1/2-month high the session before, pulled down as investors took profits and as the U.S. dollar firmed.

Oil prices hit fresh highs as market tightens
Oil prices on Thursday hit fresh two-and-a-half year highs and were at levels last seen at the start of the commodity slump in 2014/2015, with markets tightening amid tensions in Iran and due to ongoing OPEC-led production cuts.
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