Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) has prepared the business round up compiling reports, published by different newspapers and news portals Monday midday in Bangladesh.
Bangladesh’s stocks return to positive at midday
Bangladesh’s stocks returned to positive at midday on Monday amid choppy trading as investors were active both sides of trading fence.
BDT depreciates two paisa against US$
The exchange rate of Bangladesh Taka (BDT) depreciated by two paisa against the US currency in early hour transactions on Monday in inter-bank foreign exchange (forex) market.
BSC recommends 12pc stock dividend
Bangladesh Shipping Corporation (BSC) has recommended 12 per cent stock dividend for the year ended on June 30, 2016, said an official disclosure on Monday.
First Security Bank to issue BDT4.50b bond
First Security Islami Bank has decided to issue fully redeemable non-convertible subordinated bond worth BDT 4.50 billion, said an official disclosure on Monday.
Sensex trading marginally down
The Sensex and Nifty trimmed their initial gains and were trading lower as IIP and manufacturing growth data dampened the investor sentiment.
Indian Rupee weakens by 10 paisa to 66.98
Indian rupee was trading lower by 10 paisa at 66.98 against the US dollar in early trade on Monday after the American currency gained strength overseas.
Crude oil dips slightly in Asia
Crude prices dipped moderately in Asia on Monday with tensions over a ballistic missile test over the weekend by North Korea supporting sentiment, particularly after Pyongyang said it had achieved the ability to carry a nuclear payload and use solid fuel.
Trump and the gold price
Just before Trump came to power, gold dramatically rose 4 per cent to US$1316 per oz.
Asia extends global equity rally as Yen slides: Markets wrap
Asian stocks extended a global rally as investors looked ahead to data that will provide detail on the strength of US consumer prices and speeches from a range of Federal Reserve officials.