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 after bumpy ride
Bangladesh’s stocks finished lower on Wednesday after choppy trading as risk-averse investors went on late hours selling binge.
Sensex soars 305 points on value-buying; Nifty ends at 11,370
The Sensex surged 304.83 points or 0.81 per cent to end at 37,717.96, due to bargain-hunting in FMCG, metal and capital goods stocks and strengthening of rupee to 71.86 against the dollar. The Nifty ended higher by 82.4 points or 0.73 per cent at 11,369.90.
Indian rupee ends strong at 72.18
The Indian rupee ended strong by 51 paise at 72.18 after crashing to a lifetime low of 72.91 in early trade. It hovered in a range of 71.86 to 72.91 during the day.
Asia markets slide and major stock index hits 14-month low on trade fears
Asia markets broadly fell on Wednesday as the MSCI Asia ex-Japan index touched 14-month lows, on the back of news that China will be making a request to the World Trade Organization to impose sanctions on the U.S.
Gold falls on technical resistance, U.S.-China trade war fears
Gold prices edged lower on Wednesday as a key technical resistance acted as a deterrent for the metal and the yuan weakened against the dollar on fears the U.S.-China trade war could escalate.
Oil hovers near $80 a barrel as concern grows over global supply
Oil steadied on Wednesday, having neared its highest level this year after a drop in U.S. crude inventories and the prospect of the loss of Iranian supply added to concerns over the delicate balance between consumption and production.
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 12.