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Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Monday’s midday business round up compiling reports, published by different local and international newspapers and news portals.
Bangladesh’s four companies recommend dividend
The board of directors of four more listed companies – Rahim Textiles, MI Cement Factory, Malek Spinning and Beacon Pharmaceuticals – have recommended dividend for the year ended on June 30 in 2017, according to separate official disclosures on Monday.
Bangladesh’s stocks stay downturn at midday
Bangladesh’s stocks stayed downturn at midday on Monday as risk-averse investors continued their selling spree amid ongoing earnings and dividend declaration session.
Indian rupee pares initial losses; up 1 paisa at 65.03
The Indian rupee pared initial losses to trade marginally higher at 65.03 on mild dollar selling by banks and importers.
Realty, TECk stocks push Sensex up 74 points
The benchmark BSE Sensex was trading higher by nearly 80 points on heavy buying in realty, IT and TECk stocks amid firm Asian cues. However, fresh selling in auto and healthcare stocks restricted the Sensex gains.
Japanese stocks rise as dollar climbs against the yen after Abe election win
Japanese stocks soared while the rest of Asian shares wavered on Monday as the dollar spiked to more than three-month highs against the yen following a snap election in Japan on Sunday.
Gold hits over 2-week low as dollar rallies vs yen
Gold hit its lowest in over two weeks early on Monday, as the dollar climbed to a more than three-month high versus the yen after Japan's ruling bloc scored a big win in Sunday's election, leaving the door open to ultra-loose monetary policy for longer.
Oil prices rise on tightening supply, strong demand
Oil prices rose on Monday over supply concerns in the Middle East and as the U.S. market showed further signs of tightening while demand in Asia keeps rising.
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