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 higher for second day
Bangladesh’s stocks extended their gaining streak for the second day in a row on Wednesday as investors showed their buying appetite on banking stocks.
Pakistan court frees ousted prime minister Sharif and daughter: Media
Pakistan’s high court on Wednesday ordered the release from jail of ousted Prime Minister Nawaz Sharif and his daughter, suspending the sentences they received from an accountability court in July, domestic media said.
Sensex ends at two-month low of 37,121; Nifty closes at 11,234
The Sensex ended the session down by 169.45 points or 0.45 per cent at a near two-month low of 37,121.22 as cautious investors trimmed their portfolios, ignoring positive global cues and a recovery in rupee. The rupee appreciated 49 paise intra-day to 72.49.
Indian rupee rebounded from its all-time low by rising 28 paisa to 72.70.
The Indian rupee rebounded from its all-time low by gaining 63 paisa to 72.35 against the US dollar on fresh selling of the US currency by exporters and banks.
Asia trades higher as investors shrug off escalating US-China trade tensions
Asia markets mostly rose on Wednesday as investors took an escalation of trade tensions between the U.S. and China in their stride.
Gold gains as dollar demand eases, markets discount trade dispute
Gold prices rose on Wednesday along with equities as the U.S. dollar softened, with markets showing little worry over the latest escalation in the U.S.-China trade war.
Oil holds near $80, supply concern expected to underpin prices
Oil steadied on Wednesday, as concerns that producers may fail to cover a shortfall in supply once U.S. sanctions on Iran come into force outweighed an increase 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, September 19.