Wednesday’s evening business round up of Bangladesh

Last updated: September 6, 2017

Photo: Investing.com

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 break rally, turnover surges
Bangladesh’s stocks faced marginal correction on Wednesday, breaking eight-day rally, as risk-averse investors booked profit on quick-gaining stocks.

REER index up in FY17
Index of Real Effective Exchange Rate (REER) of Bangladeshi currency increased to 140.32 at the end of the past fiscal year (FY17) which was 138.33 at the end of FY16, the Bangladesh Bank data revealed.

7 skulls found in Mirpur 'militant den'
Lawmen have confirmed the death of seven persons, recovering their severed skulls in the six-storey building on Mirpur’s Mazar Road. Benazir Ahmed, director general of the Rapid Action Battalion (Rab), told the media the skulls belonged to two children, two women and three men.

Indian rupee slides further to 64.24 against the dollar
The Indian rupee weakened by 12 paisa to 64.22 against the US dollar in early trade at the interbank foreign exchange today on sustained capital outflows.

Sensex ends 148 points down as N Korea tensions continue to weigh
Stocks slipped back into the red today with the Sensex falling almost 148 points to 31,661.97, tracking global sell—off on lingering worries about North Korea and the rupee hitting three—week low against the dollar.

Most Asian indexes close down as North Korea tensions simmer
Stocks in Asia declined on Wednesday, following the fall on Wall Street, as investors remained jittery about North Korea.

Gold near 1-year high, buoyed by Korea tensions, lower dollar
Gold rose towards one-year highs on Wednesday, boosted by tensions on the Korean peninsula and a lower dollar due to growing expectations the Federal Reserve will delay rate rises.

Oil up after Harvey fallout; Hurricane Irma heads into Caribbean
Oil prices rose on Wednesday as strong global refining margins and the reopening of U.S. Gulf Coast refineries provided a more bullish outlook after sharp drops due to Storm Harvey.

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, September 6.
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