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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.Deshbandhu

Polymer signs deal with Indian Reform Packaging
The board of directors of Deshbandhu Polymer has acknowledged and approved the Memorandum of Understanding (MoU) signed between the company and an Indian company for exploring business plan, said an official disclosure on Monday.

Bangladesh’s stocks maintain positive trend at midday
Bangladesh’s stocks stayed in the positive trend at midday on Monday as investors remained active on some large-cap stocks ahead of year-closing.

Indian rupee recovers from early low of 64.72 as BJP set to retain power in Gujarat
The Indian rupee recovered from the early low of 64.72 as the BJP headed for a victory in Gujarat to retain its nearly two-decade stranglehold over power, and also stayed on course to oust the Congress in Himachal Pradesh.

Sensex surges 213 points as trends indicate BJP’s victory in Gujarat, Himachal Pradesh
Markets recovered from over 850 points fall as the BJP headed for a victory in Gujarat to retain its nearly two-decade stranglehold over power, and also stayed on course to oust the Congress in Himachal Pradesh.

Asian stocks mostly higher as investors bet on US tax reform; Aconex jumps 44%
Most major Asian indexes on Monday were given a boost by investor optimism that a plan to reduce corporate taxes would be passed stateside.

Gold inches lower as dollar holds firm on US tax bill hopes
Gold prices edged lower on Monday, pressured by firmer equities and a buoyant dollar after a bill to overhaul the tax system in the United States moved a step closer to ratification.

Oil edges up, though 2018 outlook cites ample supplies
Oil edged up on Monday, lifted by an ongoing North Sea pipeline outage and over signs that booming U.S. crude output growth may be slowing, although the outlook for oil markets cites ample supplies despite ongoing production cuts led by OPEC.
BBN/SSK/AD