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 slip into the red again
Bangladesh’s stocks returned to the red on Wednesday again as investors went on late hours selling of shares on major sectors.
UN report dumps Myanmar claim of ARSA attack as reason for Rohingya genocide
The UN has found that the Myanmar military had planned the genocide on the Rohingyas much before the Arakan Rohingya Salvation Army (ARSA) had attacked Myanmar security personnel, a justification for the violence that the rouge nation has been putting forward.
Sensex ends 173 points lower at 38,723; Coal India slumps 2.6%, Reliance 1.8%
The benchmark BSE index closed down 173.70 points or 0.45 per cent at 38,722.93 and the broader NSE index ended 46.6 points or 0.40 per cent lower at 11,691.9.
Indian rupee crashes to lifetime low of 70.57
The Indian rupee collapsed to a lifetime low of 70.57 by plunging 47 paise against the dollar on strong month-end demand for the American currency amid foreign fund outflows.
Asia markets mixed as NAFTA talks and US-China trade tensions remain in focus
Asia markets were mixed on Wednesday afternoon after the Nasdaq and S&P 500 hit another record high on Wall Street overnight as trade fears eased.
Gold prices nod up as Fed interest rate hikes and US-China trade tensions are in focus
Gold prices edged higher on Wednesday after the previous session’s sharp fall, but rising U.S. interest rates and lingering Sino-U.S. trade tensions continued to weigh on the market with investors selling the metal at small rallies.
Oil steady on lower Iran exports, rising US supply
Oil prices steadied on Wednesday, supported by news of a fall in Iranian crude supplies as U.S. sanctions deter buyers, but held back by evidence of a rise in U.S. inventories.
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, August 29.