Tuesday’s midday business round up of Bangladesh

Last updated: February 28, 2017

Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) has prepared the business round up compiling reports, published by different newspapers and news portals Tuesday midday in Bangladesh.

BATBC recommends 600pc cash dividend
British American Tobacco Bangladesh Company (BATBC) has recommended 600 per cent cash dividend for the year ended on December 31, 2016, said an official disclosure on Tuesday.

Bangladesh’s stocks return to red at midday
Bangladesh’s stocks failed to stay positive at midday on Tuesday as the risk-averse went on selling spree on sector specific issues.

Bangladesh Taka remains stable against US dollar
The exchange rate of Bangladesh Taka (BDT) against the US dollar in the inter-bank foreign exchange market remained almost stable in early hour transactions on Tuesday.

Crude oil prices edge up in Asia
Crude oil prices rose slightly in Asia as more prices of the supply puzzle lie ahead on Tuesday with a look by a US industry group at storage levels.

Gold prices down in Asia
Gold prices dipped in Asia on Tuesday as investors looked anew at hte prospect of the Fed hiking interest rates next month as market talk raises speculation on a move.

Sensex erases gains, down 21 points
The S&P BSE benchmark Sensex erased its early gains in late morning trade and was quoting lower by 21 points on renewed selling pressure in refinery stocks despite buying in capital goods, auto, banking and healthcare sectors.

Indian Rupee falls 9 paisa in early trade
Indian rupee drifted lower by 9 paisa to 66.80 against the US dollar in early trade at the Interbank Foreign Exchange Tuesday after the American currency gained strength overseas.

Asian markets trades higher
Asian markets were mostly higher in early trade on Tuesday, tracking US gains, as investors await a key speech from President Donald Trump.
BBN/SK/AD

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram