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.
Muhith set to place Tk 4.64 trillion budget
Finance Minister AMA Muhith is set to unveil the last budget of this government today (Thursday).
Bangladesh’s stocks fail to stay positive at midday
Bangladesh’s stocks failed to stay on the positive trend at midday on Thursday as cautious investors went on selling shares on the budget declaration day.
Sensex soars 317 points to 35,496; Nifty close to 10,800-level
Benchmark indices were trading higher by nearly one per cent on heavy buying in realty, metal, banking and infrastructure stocks amid positive global cues.
Indian rupee weakens to 67.14 on repo rate hike, fresh dollar demand
The Indian rupee depreciated by 22 paise to 67.14 against the US dollar due to repo rate hike and fresh demand for the American unit from importers and banks. However, the dollar’s weakness against other currencies, including the euro, limited the rupee’s fall.
Asian markets climb after Dow tops 25,000 and as investors digest ECB comments
Asian shares rose Thursday, with Japan leading gains in the region. That followed moves higher on Wall Street in the last session, which saw the Dow Jones industrial average close above 25,000.
Gold inches up as euro gains against dollar
Gold prices inched up on Thursday as the euro rose to 2-week highs against the U.S dollar, with investors waiting for meetings of key central banks and the U.S.-North Korea summit all due next week.
Oil prices rise on Venezuelan supply troubles, but US output surges
Oil prices rose on Thursday to shake off some of the previous session’s losses, supported by plunging exports by OPEC-member Venezuela.