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 turn negative Thursday midday
Bangladesh’s stocks failed to stay at positive trend at midday on Thursday as risk-averse investors went on selling shares on sector-wise stocks.
Protesters call off demo upon PM’s word
Protesters demonstrating for a fundamental reform in the quota system for civil service have called off their agitation after Prime Minister Sheikh Hasina said there would be no more quota.
Sensex reclaims 34K-level; key macro data awaited
The Sensex gained for the sixth straight session, reclaiming the crucial 34,000 level briefly in early today, ahead of IIP and inflation data scheduled to be released later in the day.
Indian rupee hits fresh 5-month low of 65.36; retail inflation data eyed
The Indian rupee shed 5 paise to hit a fresh five-month low of 65.36 against the US dollar in early trade following increased demand for the American currency from banks and importers.
Asian shares drift lower amid US-Russia tensions on Syria
Asian stocks edged lower on Thursday as investor confidence seen earlier in the week wavered overnight amid geopolitical tensions.
Gold off 11-week highs after Fed signals more rate hikes
Gold prices eased off multi-week highs on Thursday as minutes from the Federal Reserve’s last policy meeting raised expectations for a faster pace of U.S. rate hikes.
Oil markets tense on Middle East crisis, US-China trade spat
Oil markets remained tense on Thursday on concerns over a military escalation in Syria, although prices remained some way off Wednesday’s highest since late 2014 as bulging American supplies weighed.