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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.
Bangladesh’s stocks stay down at midday on Tuesday
Bangladesh’s stocks stayed downward trend at midday on Tuesday as cautious investors remained on profit booking mood on sector-wise stocks.
Bangladesh Lamps recommends 30pc dividend
Bangladesh Lamps Limited has recommended 30 percent cash dividend for 18 months of period, said an official disclosure on Tuesday.
Bangladesh’s call money transactions cross BDT 75bn
The volume of overall transactions in the money market crossed BDT 75 billion on Monday while the rate was almost unchanged.
Bangladesh’s Prime Life Insurance okays 25pc dividend
Prime Life Insurance company has okayed 25 percent cash dividend for the year ended on December 31 in 2016.
Indian rupee up 5 paisa at 63.75 on fresh dollar selling
The Indian rupee firmed up 5 paisa to 63.75 against the US dollar in early trade on fresh selling of the American currency by exporters and banks amid a firm domestic equity market.
Sensex plunges 229 points; Nifty drops to 9,992.10
The benchmark Sensex plunged nearly 230 points and the NSE index Nifty was trading below the 10,000 mark due to heavy selling in realty, oil & gas, PSU and power stocks amid weak Asian cues.
Asian shares cautious as investors digest the release of China July trade data
Asian indexes reversed gains made earlier on Tuesday as investors digested the release of China July trade data during the session.
Gold rises as dollar eases, focus on US inflation data
Gold prices edged up on Tuesday as the dollar eased slightly, with investors waiting for U.S. inflation numbers later this week for hints on the pace of monetary tightening by the Federal Reserve.
Oil prices fall further as Libyan field resumes production
Oil prices slipped further in Asian trading on Tuesday following a recovery in output at Libya's largest oil field and amid ongoing doubts about OPEC-led production cuts.
BBN/SSK/AD