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 end lower for 11 straight sessions
Bangladesh’s stocks witnessed yet another bearish session on Wednesday, extending the losing spell for the eleven sessions in a row.
Sensex falls 156 points on Karnataka political crisis
The benchmark BSE index closed down by 156.06 points or 0.44 percent at 35,387.88. The broader NSE index ended lower by 60.75 points or 0.56 per cent at 10,741.1.
Indian rupee rebounds 27 paise to 67.80 on fresh dollar selling
The Indian rupee rebounded by 27 paise to 67.80 per dollar in early trade today on fresh selling of the US currency by exporters and banks.
Most Asian stocks slip after bond yields rise, with North Korea uncertainty in focus
Most stocks in Asia closed lower on Wednesday as markets processed new geopolitical uncertainty related to North Korea and the U.S. 10-year Treasury yield rising to its highest level in seven years overnight.
Gold prices recover on short-covering
Gold prices recovered some lost ground on Wednesday on short-covering after prices fell to the lowest level this year in the previous session on surging U.S. bond yields and a stronger dollar.
Oil dips on signs of ample supply despite OPEC cuts, Iran sanctions
Oil prices fell on Wednesday, weighed down by ample supplies despite ongoing output cuts by producer cartel OPEC and looming U.S. sanctions against major crude exporter Iran.
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, May 16.