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 stay in positive trend at midday
Bangladesh’s stocks stayed in the positive trend at midday on Wednesday as some investors remained active on sector specific stocks.
Earthquake magnitude 5.6 rocks Bangladesh
Mild tremors shook Dhaka and other parts of the country this morning, in what is believed to be the first earthquake felt across the capital since November last year.
Don’t get tempted by others while investing in share market: PM
Prime Minister Sheikh Hasina has called upon the small investors not to get tempted by others while investing in the capital market but take their own decisions after knowing everything about a company.
FMCG, IT stocks push Sensex up 94 points; IIP, inflation data eyed
The Sensex was trading higher by 93.81 points or 0.25 per cent at 37,506.94 and the Nifty up 20.75 points or 0.18 per cent at 11,308.25.
Indian rupee sinks to new low of 72.91
The Indian rupee collapsed to a lifetime low of 72.91 against the dollar at the interbank foreign exchange market due to rising crude oil prices and unabated foreign fund outflows.
Asia markets fall, spooked by an escalation of trade tensions between the US and China
Asia markets fell to 14-month lows on Wednesday afternoon on the back of news that China will be making a request to the World Trade Organization to impose sanctions on the U.S.
Gold falls on technical resistance, U.S.-China trade war fears
Gold prices edged lower on Wednesday as a key technical resistance acted as a deterrent for the metal and the yuan weakened against the dollar on fears the U.S.-China trade war could escalate.
Oil prices rise on lower U.S. crude inventories, looming Iran sanctions
Oil prices rose on Wednesday following a report of declines in U.S. crude inventories and as looming sanctions against Iran raised expectations of tightening supply, while top producer Russia warned of a fragile global crude market.