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.
ICB to inject fresh funds into mkt ahead of polls
Investment Corporation of Bangladesh (ICB) is going to inject more fresh funds into the capital market to keep the market stable ahead of the upcoming national election.
World Bank’s Human Capital Index: Bangladesh beats India, Pakistan but lags behind Sri Lanka in South Asia
The World Bank Group unveiled a new system on Thursday to rank countries based on their success in developing human capital, an effort to prod governments to invest more effectively in education and healthcare.
Bangladesh’s stocks stay in positive trend at midday
Bangladesh’s stocks stayed in the positive trend at midday on Thursday as some investors continued on buying spree on sector-wise stocks.
Sensex plunges 815 points
At 11 am, the Sensex was trading at 33,945 points, down 815 points or 2.34%. The broader Nifty which slipped below the 10,200-mark initially, was being quoted at 10,027.80, down 252.30 points, or 2.41 per cent.
Indian rupee down 25 paisa
The Indian rupee fell in the opening session on Thursday erasing yesterday’s gains to hit a new record low of 74.50 against the US dollar.
Asia stocks are crumbling: Shanghai, Shenzhen and Tokyo all fall more than 4%
Asia markets fell sharply on Thursday morning, with the stock indexes in Shanghai, Shenzhen and Tokyo all tumbling more than 4 percent.
Gold nudges down as strong US data boosts rate rise view
Gold prices inched down on Thursday as robust U.S. data potentially bolstered the chances of multiple U.S. interest rate hikes over the next year, but a weaker dollar curbed losses.
Oil extends losses as other markets fall, inventories rise
Oil prices fell to two-week lows on Thursday as they extended big losses from the previous session amid a rout in global stock markets, with oil also taking a hit from an industry report showing U.S. crude inventories rose more than expected.