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 stay upbeat at midday on Thursday
Bangladesh’s stocks stayed upbeat at midday on Thursday as optimistic investors remained active on sector-wise issues, expecting positive sessions after Eid vacation.
Bangladesh’s call money rates rise slightly ahead of Eid
Upward trend in the call money rates may continue today (Thursday) ahead of the Eid-ul-Azha festival, market operators said.
Sensex sheds 57 points ahead of GDP data, F&O expiry
The Sensex and Nifty were trading marginally lower as investors adopted a cautious approach in view of August derivatives expiry and release of key macroeconomic data later in the day.
Indian rupee weakens to 64.06 on month-end dollar demand
The Indian rupee depreciated by 5 paisa to 64.06 against the US dollar in early trade due to month-end demand for the American currency from importers and banks.
Asian indexes mixed after release of strong China manufacturing PMI while dollar climbs
Asian indexes were mixed on Thursday as the dollar extended gains and investors digested China manufacturing and services PMIs, as well as solid U.S. economic data.
Gold inches lower as dollar gains on strong US economic data
Gold fell on Thursday as the dollar gained on positive U.S. economic data, but the yellow metal held above a key $1,300-an-ounce level as safe haven demand amid tensions over North Korea capped the losses.
Gasoline hits $2 a gallon as Harvey wreaks havoc on refiners, crude stable
Gasoline prices hit $2 a gallon for the first time since 2015 on Thursday as flooding from storm Harvey knocked out almost a quarter of U.S. refineries, while crude prices stabilized following a slump the previous day.