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 finish lower for second consecutive day
Bangladesh’s stocks finished lower for the two consecutive sessions on Wednesday as some investors continued to book profit on sectors-wise stocks.
Farming, informal occupation absorb 87% workforce
Nearly 87% of the country’s total workforce is involved in farming, small businesses and other forms of informal occupations.
Quota privileges in public service will be revoked, BCL claims quoting PM
All sorts of quota privileges in public service will be revoked, BCL central committee secretary SM Jakir Hossain said quoting Prime Minister Sheikh Hasina.
257 dead in Algerian military plane crash
257 people were killed when an Algerian military plane crashed into a field outside the capital on Wednesday, local media reported.
Bangladesh’s first satellite ‘Bangabandhu-1’ launches May 4
After a couple of rescheduling, Bangladesh’s first commercial satellite Bangabandhu-1 will be flying to space on May 4.
Metal, IT stocks push Sensex up 60 points; Nifty closes at 10,417
The benchmark BSE Sensex ended higher by over 60 points in a see-saw trade, led by gains in metal, IT, TECk and consumer durables stocks amid weak European cues.
Indian rupee slumps to 65.29 ahead of Fed minutes
The Indian rupee slumped to 65.29 against the US dollar ahead of the release of US Fed meeting minutes scheduled later in the day. However, the dollar’s weakness against select currencies overseas capped the rupee’s losses.
Asia closes mixed with trade in focus as recent investor confidence wavers
Asian stocks closed mixed on Wednesday, with several regional markets giving up early gains after recent trade fears waned in the last session.
Gold rises as risk aversion hurts equities, dollar
Gold rose for a fourth day on Wednesday as concerns over escalating tensions in Syria, U.S. sanctions on Russia and the U.S.-China trade stand-off weighed on stock markets and helped knock the dollar index to a two-week low.
Oil hovers near 2014 peak as geopolitics vie with US supply
Oil held near its highest in nearly three years on Wednesday, supported by political tension in the Middle East, although evidence of rising U.S. crude supply acted as a counterbalance.
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, April 11.