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Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Tuesday’s midday business round up compiling reports, published by different local and international newspapers and news portals.
Linde Bangladesh recommends 200pc cash dividend
The board of directors of Linde Bangladesh has recommended 200 percent interim cash dividend for the year that will end on December 31 in 2017, said an official disclosure on Tuesday.
Weather likely to improve from tomorrow
The rain throughout Bangladesh influenced by a low and peak monsoon will persist today before showing signs of improvement from tomorrow.
Bangladesh’s stocks stay positive at midday on Tuesday
Bangladesh’s stocks stayed in the positive trend at midday on Tuesday as investors continued their buying appetite on sector specific stocks amid optimism.
BDT may move up against US dollar at customer level
The Bangladesh Taka (BDT) remained stable against the US dollar in the inter-bank foreign exchange market in early hour transactions on Tuesday.
Indian rupee weakens to 64.39 on fresh dollar demand
The Indian rupee weakened by 5 paisa to 64.39 against the US dollar in early trade due to fresh demand for the US currency from banks and importers. However, a strong opening of domestic equities capped the rupee's losses.
Nifty retreats from 10K mark; capital goods, healthcare stocks down
The NSE index Nifty retreated from 10K mark to trade in the negative zone as investors booked profits in blue-chips like Reliance and ITC.
Stocks in Asia close mixed as dollar searches for direction; FOMC meeting ahead
Asian indexes closed mostly lower on Tuesday as markets awaited the upcoming Federal Market Open Committee (FOMC) meeting and kept an eye on the dollar amid greater uncertainty over the White House's ability to pass key policy proposals.
Gold holds steady; Fed meeting in focus
Gold prices held steady on Tuesday, after hitting a one-month high in the previous session, buoyed by political uncertainty in the United States, as investors awaited the Federal Reserve meeting for clues on monetary policy.
Oil extends gains as Saudi pledges export curbs
Oil prices extended gains on Tuesday after Saudi Arabia pledged to curb exports from next month and OPEC called on several members to boost compliance with output cuts to help rein in oversupply and tackle flagging prices.
BBN/SSK/AD