Wednesday’s evening business round up of Bangladesh

Last updated: February 14, 2018

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Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Wednesday’s evening business round up compiling reports, published by different newspapers and news portals both in local and international.

Bangladesh Taka depreciates two paisa against US$
The Bangladesh Taka (BDT) depreciated two paisa on Wednesday against the US dollar due to increased import settlement pressure in inter-bank foreign exchange market.

Bangladesh’s stocks extend gaining streak
Bangladesh’s stocks extended the winning streak for the second day in a row on Wednesday as some investors showed their buying appetite on sector-wise issues.

Sensex trading marginally higher; WPI data eyed
Benchmark indices were trading flat as investors remained cautious ahead of WPI data to be released later today. The Sensex was up 26.05 points or 0.08 per cent at 34,326.52 and the Nifty up 7.55 points or 0.07 per cent at 10,547.30.

Indian rupee strengthens to 64.08
The Indian rupee strengthened by 24 paisa to 64.08 on dollar selling by exporters and the greenback's weakness against other currencies overseas.

Asian stocks closed mixed; Nikkei slips as yen rises to a 15-month high
Asian markets closed mixed and the dollar slid to multi-month lows against the yen on Wednesday.

Gold hits 1-week high on weaker dollar ahead of US data
Gold prices rose for a third straight session on Wednesday to hit a one-week high, buoyed by a weaker dollar, while investors awaited U.S. inflation data for clues on the pace of future U.S. interest rate increases.

Oil dips on looming oversupply; weak dollar, economic growth provide some support
Oil dipped on Wednesday, squeezed by lingering oversupply including rising U.S. inventories and ample physical flows, though the prospect of Saudi output dropping in March, economic growth hopes and a weaker dollar all combined to cap losses.

Top 5 things to know in the market on Wednesday
Here are the top five things you need to know in financial markets on Wednesday, February 14.
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