Dhaka, Bangladesh (BBN) – The BBN (Bangladesh Business News) prepares the business round up compiling reports, published by different newspapers and news portals Monday’s midday in Bangladesh.
Bangladesh’s stocks return positive at midday
Bangladesh’s stocks returned to positive trend at midday on Monday as optimistic investors started to take position on lucrative stocks.
Bangladesh Taka depreciates two paisa more against US$
The exchange rate of Bangladesh Taka (BDT) depreciated by maximum two paisa more against the US currency in early hour transactions on Monday in inter-bank foreign exchange (forex) market.
Bangladesh finance recommends 10pc stock dividend
The board of directors of Bangladesh Finance and Investment Company has recommended 10 per cent stock dividend for the year ended on December 31 in 2016.
Bank Asia recommends 12pc stock dividend
The board of directors of Bank Asia has recommended 12 per cent stock dividend for the year ended on December 31, 2016, said an official disclosure on Monday.
Pioneer, Eastland insurances recommend dividend
Pioneer Insurance and Eastland Insurance Company have recommended dividend for the year ended on December 31, 2016, according to separate official disclosures on Monday.
Crude oil falls in Asia on Korea tension, China GDP a bright spot
Crude oil prices fell in Asia as tensions on the Korean peninsula weighed and despite better than expected GDP growth in China, the world’s second largest oil importer, on an annual basis.
Gold gains in Asia after solid China GDP, Korean tensions
Gold prices gained solidly on Monday as China GDP came in better than expected and tensions on the Korean peninsula supported demand.
Indian rupee rebounds to 64.28 on fresh dollar selling
Indian rupee wiped off initial losses and rebounded by 16 paisa to 64.28 against the American currency in late morning trade on fresh bouts of dollar selling by banks and exporters amid bearish US dollar overseas.
Sensex trading marginally lower on weak global cues
The Sensex and Nifty were trading marginally lower as geo-political issues continued to dominate the scene.
Asian shares mostly lower, investors note China GDP
Asian equities were mostly lower in Monday trade, with the dollar sinking against the yen, following tensions in the Korean Peninsula and better than expected Chinese economic data.