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.
Bangladesh’s Apex Footwear recommends 50pc dividend
Bangladesh’s Apex Footwear Limited recommended 50 percent cash dividend for the 18 months period that ended on June 30 in 2017, said an official disclosure on Monday.
Bangladesh’s stocks stay down at midday on Monday
Bangladesh’s stocks stayed in the downward trend at midday on Monday as cautious investors continued on selling mood.
Indian rupee up 3 paisa at 64.76
The Indian rupee rose 3 paisa to 64.76 against the US dollar in early trade due to dollar selling by banks and exporters.
Sensex slumps 302 points; Nifty below 9,850
The Sensex and Nifty extended losses for the fifth straight session on Monday owing to sustained foreign fund outflows and persistent concerns over US-North Korea tug-of-war.
Asian shares mixed as investors track German, New Zealand election results
Major Asian indexes were mixed in Monday trade as investors digested elections in Germany and New Zealand over the weekend.
Gold falls as dollar firms, N.Korea worries ease
Gold prices dropped on Monday, and hovered around one-month lows hit last week, weighed down by a firm U.S. dollar and as concerns over the Korean peninsula eased over the weekend.
Oil holds gains as producers say market rebalancing
Oil prices stood little changed on Monday, keeping most of their gains from the previous session to hold near their highest levels in months, as major producers meeting in Vienna said the market was well on its way towards rebalancing.