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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.

Heidelberg Cement, Eastern Bank recommend dividend
Heidelberg Cement Bangladesh and Eastern Bank have recommended dividend for the year ended on December 31, 2017, according to official disclosure on Wednesday.

Man behind card forgery of 5 banks held: CID
Law enforcers today claimed arrest of a man said to be involved with card forgery involving five banks.

Bangladesh’s stocks stay positive at midday Wednesday
Bangladesh’s stocks stayed in positive trend at midday on Wednesday as investors remained active on sectors-wise stocks amid ongoing quarterly earnings declaration.

Sensex sheds 90 points; NTPC, ONGC fall 1.7%
The Sensex was trading down by nearly 100 points on sustained capital outflows by foreign funds amid a weak trend in other Asian markets. Traders also remained cautious ahead of April derivatives expiry tomorrow.

Indian rupee weakens by 21 paise to 66.59
The Indian rupee depreciated 21 paise to 66.59 against the US dollar at the interbank foreign exchange market today due to strengthening of the dollar against other currencies overseas, rising US bond yields and a surge in global crude oil prices.

Asia markets slump amid rising yield worries; Dollar holds steady
Markets in Asia traded lower on Wednesday, following an overnight drop in U.S. stocks as investors worried about rising interest rates and the outlook of the economy.

Gold prices climb after stocks slide and the dollar rally ease
Gold prices edged higher on Wednesday as most global stock markets fell and as the U.S. dollar eased below an over three-month high hit in the previous session.

Oil stable but below recent highs as rising U.S. supplies threaten bull-run
Oil prices were stable on Wednesday, but were below more than three-year highs reached the previous session as rising U.S. fuel inventories and production dragged on an otherwise bullish market.
BBN/SSK/AD