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’s stocks extend winning streak for fifth day
Bangladesh’s stocks extended winning streak for fifth day in a row on Wednesday with key index of the major bourse hitting record high.
FDI from USA drops significantly in July-March
Net inflows of Foreign Direct Investment (FDI) from the United States of America (USA) dropped by 58.38 per cent in the first nine months of the past fiscal year (FY17).
Bangladesh clinch historic win
It has been a wonderful Test match and both teams have fought really well. Bangladesh have managed a historic feat. Australia are the best Test team in the world and the Tigers overcame many uncertainities on this fourth day to pick up seven Australian wickets.
Sensex spurts 258 points on global market rally; Nifty ends at 9,884
The BSE Sensex rebounded by 258 points and the NSE Nifty went past the 9,800-mark tracking upbeat global cues on easing geopolitical tensions.
Indian rupee trading strong at 63.98
The Indian rupee was trading strong at 63.98 against the US currency on increased selling of the dollar by exporters and banks.
Traders in Asia shake off North Korea’s latest provocation, following Wall Street’s stronger lead
Asia markets closed higher on Wednesday, following the stronger lead from Wall Street overnight as traders appeared to shake off new North Korea missile concerns.
Gold rises as risks of geopolitical escalations persist
Gold rose on Wednesday as safe-haven demand was buoyed by expectations that geopolitical tensions could persist, although further gains were capped as the dollar recovered slightly amid perception of a brief lull in tensions surrounding North Korea.
Crude slips, gasoline jumps as storm shuts a fifth of US fuel output
Crude oil slid and gasoline futures hit their highest since mid-2015 on Wednesday as flooding and damage from Tropical Storm Harvey shut nearly a fifth of U.S. refineries, curbing demand for crude while raising the risk of fuel shortages.
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, August 30.