Wednesday’s evening business round up of Bangladesh

Last updated: November 29, 2017

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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’s stocks return to green, turnover falls
Bangladesh’s stocks returned to green on Wednesday, snapping a two-day losing spell, with turnover dipping below BDT 7.0 billion-mark as investors followed cautious stance.

Banks remain open till 8pm today, tomorrow
Banks will remain open today and tomorrow until 8:00pm to help people pay taxes and submit income tax returns within the given deadline.

Indoan unicorn Go-Jek reportedly invests $2 million in Pathao
Indonesian unicorn Go-Jek is learned to have picked up a relatively small stake of around $2 million in Pathao, a two-wheeler riding startup app based in Bangladesh.

Indian Sensex ends flat ahead of GDP data, F&O expiry
The Sensex and Nifty ended marginally lower as investors remained on the sidelines ahead of the expiry of November derivatives and second quarter GDP data.

Indian rupee trading strong at 64.36
The Indian rupee wiped off its initial losses and was trading strong at 64.36 as the dollar dipped against a basket of currencies due to broad strength in sterling as well as worries over a possible US government shutdown after Democrats pulled out of a meeting with President Donald Trump.

Asia markets shrug off N Korea missile to close mostly higher
Asian markets closed mostly higher on Wednesday as investors mostly shrugged off North Korea’s latest missile launch.

Gold price firms on softer dollar but narrow range holds
The price of gold edged higher on Wednesday as a retreat in the dollar lent support but it remained hemmed within the narrowest monthly range since 2005 as soaring stock markets indicated buoyant appetite for more cyclical assets.

Oil falls on uncertainty over OPEC deal, rise in US inventories
Oil prices slipped on Wednesday as doubts set in about Russia's willingness to substantially extend a deal to curb output between some of the world's biggest exporters aimed at tackling global oversupply and bolstering prices.

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, November 29.
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