Wednesday’s evening business round up of Bangladesh

Last updated: October 24, 2018

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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 edge higher, turnover falls

Bangladesh’s stocks edged higher on Wednesday as some investors showed their buying appetite on sector-wise issues.

 

Sensex reclaims 34,000-mark; ends up 187 points

Buoyed by easing crude oil prices and a recovery in the rupee, the BSE Sensex on Wednesday recaptured the 34,000-mark by jumping 187 points after four sessions of losses as global markets bounced back. The broader Nifty, after struggling, also managed to end above the 10,200-level.

 

Rupee recovers 38 paisa against US dollar

The rupee recovered by 42 paisa to 73.15 against the US currency in early trade on Wednesday, on fresh dollar selling by exporters amid easing crude oil prices and higher opening in the domestic equity markets.

 

Asia markets mixed following turbulent day

Asia markets ended mixed on Wednesday, following a turbulent trading session where stocks seesawed between gains and losses.

 

Gold edges higher as political, economic concerns lend support

Gold prices inched up on Wednesday after hitting their highest in over three months in the previous session, as global political and economic uncertainties underpinned safe-haven support for the metal.

 

Brent oil falls to $76 as worries mount on demand outlook

Oil slipped to around $76 a barrel on Wednesday, paring losses after hitting its lowest since late August, pressured by concern that demand is weakening and supply ample even as U.S. sanctions loom on oil exporter Iran.

 

Euro Hits 2-Month lows on Disappointing Data, Dollar Broadly Higher

The euro fell to the lowest levels in two months on Wednesday after disappointing euro zone economic data, sending the dollar broadly higher against a currency basket.

 

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, October 24.

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