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 back to green after two days
Bangladesh’s stocks returned to green zone on Wednesday, breaking the previous two days’ plunging trend as some optimistic investors took position on banks and telecom shares.
We must pursue accountability for atrocities in Rakhine, says US
The United States has said they want accountability for atrocities in the Rakhine State of Myanmar and their efforts to seek end the violence, support the displaced and their return home.
Indian rupee strengthens to 64.94
The Indian rupee strengthened to 64.94 against the dollar on Wednesday as domestic equities rallied on mega stimulus plan announced by the government yesterday.
Sensex rallies 435 points; Nifty ends at 10,295 on Jaitley’s mega stimulus plan
The benchmark BSE Sensex surged over 430 points and the NSE index Nifty closed at 10,295 as the Finance Minister, Arun Jaitley, had yesterday announced a massive Rs. 6.92 lakh crore for infrastructure spending and another Rs. 2.11 lakh crore for bank recapitalisation to revive investments and growth.
Most Asia markets close higher as Aussie dollar tumbles; Nikkei 225 win streak ends
Most major indexes in Asia closed higher on Wednesday as the Australian dollar fell to its lowest levels in three months after inflation missed expectations.
Gold slips on firmer equities, dollar amid Fed chair speculation
Gold prices edged lower on Wednesday, pressured by stronger equities and a firmer dollar amid speculation over who will be the next U.S. Federal Reserve chief.
Oil eases but still near four-week highs after Saudi supply pledge
Oil eased on Wednesday but was still near a four-week high after top exporter Saudi Arabia said it was determined to end a supply glut that has been weighing on the market for three years.
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, October 25.