Wednesday’s midday business round up of Bangladesh

Last updated: October 11, 2017

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Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Wednesday’s midday business round up compiling reports, published by different local and international newspapers and news portals.

Bangladesh’s stocks maintain upbeat trend at midday
Bangladesh’s stocks maintained the upward trend at midday on Wednesday as the optimistic investors continued their buying appetite on selective large-cap stocks.

Argentina qualify for World Cup beating Ecuador
Lionel Messi scored a superb hat-trick as Argentina came from behind to win away in Ecuador and qualify for the 2018 World Cup in Russia.

Blue Whale, a twisted suicide challenge
Blue Whale is a twisted suicide challenge which appears to goad vulnerable teens into killing themselves, reports The Sun.

Four Bangladesh’s listed companies recommend dividend
Four more Bangladesh’s listed companies – Stylecraft, JMI Syringes & Medical Devices, Shasha Denims and Shepherd Industries – have recommend dividend for the year ended on June 30 in 2017, according to separate official disclosures on Wednesday.

Sensex jumps 145 points ahead of IIP, retail inflation data
The benchmark BSE Sensex was trading above the 32,000-mark due to building-up of fresh positions by retail investors and domestic institutional investors ahead of release of IIP data for August and inflation data for September tomorrow.

Indian rupee climbs to 65.18 on sustained dollar selling
The Indian rupee climbed 10 paisa to 65.18 against the dollar today as US president’s tax cut plans failed to sustain dollar interest among traders.

Asian stocks touch decade-high after stronger US lead; Kobe Steel tumbles further
A broad index of Asian shares touched a decade-high on Wednesday, taking cues from signs of confidence in the U.S. Meanwhile, the euro held onto overnight gains after Catalonia held back on an outright declaration of independence.

Gold holds steady ahead of Fed minutes
Gold stood little changed on Wednesday after the dollar recouped early losses, with investors awaiting the release of the U.S. Federal Reserve's minutes from its September meeting for clues on further interest rate hikes this year.

Oil rises on signs of tighter market, but 2018 looks more uncertain
Oil prices edged up on Wednesday, rising for a third day, on signs that markets are gradually tightening after years of oversupply, although the outlook for 2018 remained less certain.
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