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 mixed amid choppy trading
Bangladesh’s stocks ended mixed on Wednesday after volatile trading as the prime index of Dhaka Stock Exchange closed positive and Chittagong Stock Exchange returned to the red.
Bangladesh, India will sign free trade deal
Bangladesh has agreed to ink the Comprehensive Economic Partnership Agreement (CEPA), a free trade agreement that will boost economic ties between the two countries, with India.
ADB projects 7.5pc growth rate for Bangladesh in FY19
The Asian Development Bank (ADB) has projected 7.5 per cent economic growth for Bangladesh for the current fiscal year, slightly below than the government’s estimate of 7.8 per cent.
Sensex sheds 110 points; Tata Motors drops 3.15%, Wipro 2.9%
The Sensex and Nifty ended lower in a highly volatile session due to profit-booking by investors ahead of US Federal Reserve’s policy outcome. Fed policymakers are expected to raise interest rates for the third time this year. Investors were also cautious in view of the expiry of September F&O contract on Thursday.
Indian rupee ends up by 7 paisa at 72.62
The Indian rupee ended strong at 72.62 on mild selling of the US currency by exporters amid easing crude oil prices. According to currency traders, dollar’s weakness against some currencies overseas also supported the rupee.
Asia markets higher despite Trump’s comments on trade
Asia markets saw gains on Wednesday, despite the White House’s restatement of its tough stance on trade.
Gold prices steady ahead of Fed rate hike decision
Gold prices drifted in a narrow range on Wednesday as investors awaited cues of the U.S. Federal Reserve’s two-day meeting, where policymakers are expected to raise interest rates for the third time this year.
Brent oil trades near a 4-year high, but US crude retreats
Brent crude was trading around its highest in nearly four years on Wednesday, while U.S. crude futures fell as Washington tried to assure consumers that the market would be well supplied before sanctions are re-imposed on producer Iran.
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 26.