Thursday’s midday business round up of Bangladesh

Last updated: March 30, 2017

Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) has prepared the business round up compiling reports, published by different newspapers and news portals Thursday midday in Bangladesh.

Bangladesh’s stocks stay flat at midday
Bangladesh’s stocks stayed flat in green at midday on Thursday as the investors remained active both sides of trading fence.

Bangladesh Taka depreciates one paisa more against US$
The exchange rate of Bangladesh Taka (BDT) depreciated by maximum one paisa against the US currency in early hour transactions on Thursday in inter-bank foreign exchange (forex) market.

Bangladesh Supreme Court clears way for FBCCI polls
The Supreme Court of Bangladesh on Thursday cleared the way for holding the biennial election of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).

Sterling eases early gains but remains positive in Asia
The US dollar hovered round the 100 on a trade-weighted basis in Asia on Thursday and the pound faces a sharper look though it remains positive after the formal start of Brexit overnight.

Crude oil prices dip in Asia after early gains, rig count eyed
Crude oil prices reversed course and fell in Asia on Thursday as investors moved on from a lower than expected build in US crude stocks and a supply disruption in Libya and awaited the latest weekly rig count data at the end of the week from the US for further guidance.

Gold lower in Asia but support from India, China eyed
Gold prices edged lower in Asia on Thursday with demand prospects in the world’s top two importers, China and India, in focus with physical and exchange traded fund demand on hopes tax reform by New Delhi could cut the cost of bullion imports and as Chinese buyers seek a hedge for a weaker currency.

Sensex up 78 points; realty, consumer durables stocks spurt
Continuing its rising streak, the benchmark BSE Sensex was trading higher by nearly 80 points as the Lok Sabha approved four legislations to give shape to the historic GST amid short-covering in view of March series expiry.

Indian rupee trading weak at 64.93
Indian rupee was trading weak at 64.93 as US dollar gained strength overseas.

Asian equities slip, dollar strengthens above 100 handle
Asian shares fell on Thursday after a mixed start, amid uncertainty over the UK’s exit from the European Union, as the dollar strengthened and crude oil prices slipped.
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