Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) has prepared the business round up compiling reports, published by different newspapers and news portals on Wednesday midday in Bangladesh.
Bangladesh’s stocks maintain strong move at midday
Bangladesh’s stocks kept the early hour’s upward momentum on midday Wednesday, the fourth session of the week, as optimistic investors took position on large-cap stocks.
Bangladesh Taka depreciates five paisa against US dollar
The exchange rate of Bangladesh Taka (BDT) depreciated by five paisa against the US currency in early hour transactions on Tuesday in inter-bank foreign exchange (forex) market.
Sensex up 128 points on positive global cues
The benchmark BSE index Sensex was trading above the 27,000-mark and the NSE index Nifty above the 8,300-level on a flurry of buying by retail and domestic investors owing to positive global cues.
Indian Rupee trading down at 68.25
Indian rupee was trading lower by 7 paisa at 68.25 against the American currency in early trade Wednesday as the dollar gained strength overseas.
Oil prices edge up on reports of Saudi supply cuts
Oil edged up Wednesday on lifted by reports of Saudi supply cuts, but prices were prevented from rising further over a lack of detail of these reductions and because of signs of rising supplies from other producers, according to Reuters.
Asian markets positive
Asian shares were mostly positive on Wednesday as investors prepare for Donald Trump’s first full press conference as president-elect.