Photo: Investing.com
Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Wednesday’s midday business round up compiling reports, published by different local and international newspapers and news portals.
Bangladesh’s stocks maintain positive trend at midday
Bangladesh’s stocks maintained the positive trend at midday on Wednesday as investors are showing their buying appetite on large-cap stocks, especially Lafarge Surma Cement.
First-ever RMG factory inaugurated in Narayanganj jail
Bangladesh’s first-ever garment factory, set up inside Narayanganj District Jail to facilitate income for prisoners, was inaugurated this morning.
Indian rupee weakens to 64.18 as dollar holds steady
The Indian rupee weakened by 10 paisa to 64.18 against the dollar due to strengthening of the greenback against other currencies overseas. The US currency held on to its advantage because of unabated month-end demand from importers and banks amid foreign capital outflows.
Sensex hits new record high of 34,123; RCom spikes 25%, Sun Pharma 4.4%
The benchmark BSE Sensex achieved yet another record on Wednesday by scaling 34,123.14 on the back of a rally in healthcare, power and oil stocks. However, the NSE index Nifty was trading flat.
Asia trades mixed; Australian, Japanese energy stocks climb after oil cracks $60
Asian markets were mixed in Wednesday trade, as Australian and Japanese energy names rose after oil touched a more than two year high overnight. Meanwhile, South Korea's Kospi index was dragged lower by shipbuilder Hyundai Heavy Industries even as blue-chip tech names rebounded.
Gold hovers below 3-week high amid firm dollar
Gold prices slipped on Wednesday, after hitting a more than three-week high in the previous session, amid a firmer dollar.
Oil prices slip away from 2015 highs, but market remains tight
Oil prices on Wednesday slipped away from two-and-a-half year highs hit the previous session as the gradual resumption of flows through a major North Sea pipeline made up for supply disruption in Libya.
BBN/SSK/AD