Wednesday’s evening business round up of Bangladesh

Last updated: May 30, 2018

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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 end lower for third day
Bangladesh’s stocks extended the losing streak for three consecutive sessions on Wednesday as investors remained on selling spree on sector-wise stocks.

Training helps female sewing operators get promotion: Report
Training helped female sewing operators to achieve promotion and increase productivity in the country's readymade garment sector, according to a report.

Bacchu quizzed over BASIC Bank scam
The Anti-Corruption Commission (ACC) today quizzed former BASIC Bank chairman Sheikh Abdul Hye Bacchu over Tk 4,500 crore loan scam.

This year's minimum Fitra fixed at Tk 70, maximum Tk 2,310
Fitra, a charity donation by well-off Muslims at the end of Ramadan, has been fixed at minimum Tk 70 per person this year.

Sensex trading marginally lower; ICICI Bank, Tata Motors skid over 1.5%
The Sensex was down 45.14 points or 0.13 per cent at 34,904.10 and the Nifty down 14.95 points or 0.14 per cent at 10,618.35.

Strong dollar pulls Indian rupee down to 67.91
The Indian rupee opened on a subdued note with a loss of five paise at 67.91 against the US dollar at the interbank forex market due to strengthening of dollar against other currencies overseas.

Asian stocks decline after global markets fall on Italian turmoil
Asian markets closed lower on Wednesday as a sell-off in U.S. and European markets weighed on sentiment during the Asian trading session. The political crisis in Italy took center stage, with investors concerned over its implications for the rest of the euro zone.

Gold gains as Italy crisis drives safe-haven buying
Gold prices rose in early Asian trade on Wednesday as political turmoil in Italy and concerns over Sino-U.S. trade conflict spurred safe-haven demand.

Oil prices mixed amid worries over growing supplies
Oil prices were mixed in early Asian trade on Wednesday, with worries that Saudi Arabia and Russia will pump more crude weighing on the market.

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 30.
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