midday business round up

Tuesday’s midday business round up of Bangladesh

Last updated: February 14, 2017

Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) has prepared the business round up compiling reports, published by different newspapers and news portals Tuesday midday in Bangladesh.
Bangladesh’s stocks stay positive at midday
Bangladesh’s stocks stayed the positive trend at midday on Tuesday as enthusiastic investors remained active on sector specific stocks amid optimism.
LankBangla Finance recommends 30pc dividend
LankaBangla Finance has recommended 15 per cent cash and 15 per cent stock dividend for the year ended on December 31, 2016, said an official disclosure on Tuesday.
Forex - Dollar eases in Asia
The dollar eased in Asia on Tuesday as investors awaited remarks from the Fed chief and noted the first resignation of a senior Trump administration official with National Security Adviser Michael Flynn reportedly leaving over a failure to disclose the full extent of his conversations with Russian officials.
Gold prices stage minor recovery ahead of Yellen remarks
Gold prices staged a minor comeback as pries ticked up in China and political risk remains a feature of the market with attention now turning to the US Fed chief for a clearer view on the expected rate hike path this year.
Crude rebounds in Asia as market eyes supply
Crude rebounded in Asia on Monday in a market on a seesaw ride between cheering cuts by the world's top producers and watching a steadily growing supply response with estimates later in the day on crude and refined product inventories in the US to set the tone.
Profit-taking pulls Sensex down 16 points
Snapping its three-day winning streak, market benchmark BSE Sensex was trading down by nearly 20 points due to profit-booking by funds and retail investors despite firm Asian cues.
Indian Rupee recovers by 7 paisa to 66.95 on fresh US dollar selling
Indian rupee recovered 7 paisa to 66.95 against the US dollar in early trade on fresh selling of the American currency by exporters and banks.
Asian markets mixed
Asian markets traded sideways on Tuesday, following the new record highs over at Wall Street and firmer dollar on hopes fueled by President Donald Trump's tax reforms with bank earnings in Singapore an update by Japan's Toshiba and South Korea's main index of regional note.
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