Wednesday’s midday business round up of Bangladesh

Last updated: June 6, 2018

Photo: Wikimedia

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 remain positive at midday

Bangladesh’s stocks stayed on the positive trend at midday on Wednesday as investors continued their buying spree on sector-wise stocks.

 

Sensex jumps 165 points ahead of RBI policy outcome; Nifty climbs to 10,637

Benchmark indices were trading higher by nearly 0.5 per cent on heavy buying in realty, power, capital goods and consumer durables stocks ahead of RBI monetary policy announcement later in the day.

 

Indian rupee up 11 paise at 67.04 ahead of RBI policy announcement

The Indian rupee strengthened by 11 paise to 67.04 against the dollar at the interbank forex market today ahead of RBI monetary policy announcement amid fresh dollar selling by banks and exporters.

 

Asia markets mixed as trade developments linger in background

Asian stocks were mixed on Wednesday, with markets in Japan and Australia trading moderately higher as trade anxieties lingered in the background.

 

Gold edges up as dollar, treasury yields ease

Gold prices inched higher in early Asian trade on Wednesday as the U.S. dollar and treasury yields eased amid lingering concerns about global trade after the United States imposed tariffs on its allies.

 

US oil prices inch up on fall in local crude stockpiles

U.S. oil prices edged up in early Asian trade on Wednesday to move away from lows hit in the previous session, buoyed after industry data showed a decline in U.S. crude inventories.

BBN/SSK/AD

 

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