Monday’s midday business round up of Bangladesh

Last updated: March 27, 2017

Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) has prepared the business round up compiling reports, published by different newspapers and news portals Monday midday in Bangladesh.

Bangladesh’s stocks stay negative at midday
Bangladesh’s stocks stayed the early hour’s downward trend at midday on Monday as the investors remained on selling spree.

Premier Leasing recommends 10pc dividend
Premier Leasing and Finance has recommended 5.0 per cent cash dividend and 5.0 per cent stock dividend for the year ended on December 31, 2016, said an official disclosure on Monday.

US dollar falls to lowest vs yen since november on healthcare fail
The US dollar fell to its lowest level against the yen since late November in Asia on Monday on heightened political risk concerns as a Republican-controlled Congress and presidency are in focus to deliver on economic plans for tax cuts and spending following a failed effort to reform healthcare.

Crude oil prices dip in Asia as market mulls supply outlook
Crude oil prices gave up early gains in Asia on Monday after a weekend meeting that saw some promise for the extension of a coordinated output cut by OPEC and non-OPEC key producers.

Gold gains in early Asia as political risk events eyed
Gold prices gained in early Asia on Monday as investors see a week of political risk events, including Britain’s move to formally start its break from the European Union.

Sensex sheds 137 points as Asian shares fall on US policy woes
The Indian benchmark Sensex was trading down by nearly 140 points and the NSE index Nifty below the 9,100-mark due to profit-booking in recent gainers and weak Asian cues.

Indian Rupee strengthens by 28 paisa to 65.13 on increased US dollar selling
The Indian rupee strengthened by 28 paisa to 65.13 against the dollar in early trade on increased selling of the US currency by banks and exporters.

Asian markets drop, led by Tokyo, as dollar weakens following Trump health-care failure
Asian markets were mostly lower after US President Donald Trump suffered a legislative defeat last Friday when Republican leaders pulled a bill to overhaul the US health care system with the dollar weaker and gold prices up.
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