Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) has prepared the business round up compiling reports, published by different newspapers and news portals Thursday midday in Bangladesh.
Bangladesh’s stocks turn mixed at midday
Bangladesh’s stocks witnessed mixed trend at midday on Thursday as investors were active both sides of trading fence.
Bangladesh Taka depreciates five paisa against US$
The exchange rate of Bangladesh Taka (BDT) depreciated by maximum five paisa against the US currency in early hour transactions on Thursday in inter-bank foreign exchange (forex) market.
Dutch Bangla Bank recommends 30pc cash dividend
Dutch Bangla Bank Limited (DBBL) has recommended 30 per cent cash dividend for the year ended on December 31, 2016, said an official disclosure on Thursday.
RN Spinning Mills recommends 20pc stock dividend
RN Spinning Finance has recommended 20 per cent stock dividend for the 18 months period from January 01, 2015 to June 30, 2016, said an official disclosure on Thursday.
Crude oil rebounds in Asia
Crude oil rebounded in Asia on Thursday after a surprise drop reported by an industry group in US inventories that aided sentiment on supply and demand coming into better balance.
Gold up in Asia
Gold prices gained in Asia on Thursday despite a strong signal from Fed minutes that a rate hike sooner rather than later is on the cards.
Sensex up 101 points
The Sensex and Nifty were trading higher by nearly 0.4 per cent due to buying by retail and domestic institutional investors and covering up of pending short positions ahead of February series F&O expiry later Thursday.
Indian Rupee strengthens to 66.91
Indian rupee strengthened by 5 paisa to 66.91 against the US dollar in early trade at the Interbank Foreign Exchange market Thursday on increased selling of the US currency by exporters and banks amid a firm domestic equity market.
Asian markets lower in early trade
Asian markets traded modestly lower on Thursday, following a mixed close in US equities overnight as minutes from the Federal Reserve's previous meeting hinted that a rate hike is coming "fairly soon."
BBN/SK/AD