Monday’s midday business round up of Bangladesh

Last updated: October 29, 2018

Photo: Getty Images

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.

Aman Feed recommends 30% dividend for FY 18
The board of directors of Aman Feed has recommended 20 percent cash and 10 percent stock dividend for the year ended on June 30, 2018, according to an official disclosure on Monday.

Cryptocurrency bitcoin marks 10 years
October 31, 2008 marked the birth of bitcoin. Ten years on, the world's first cryptocurrency is at the forefront of a complex financial system viewed warily by markets and investors.

Bangladesh’s stocks stay turn positive at midday Monday
Bangladesh’s stocks turned in the positive trend at midday on Monday as some investors are active on sector-wise stocks.

Khaleda gets 7 years' jail in Zia Charitable Trust graft case
BNP Chairperson Khaleda Zia and three others including Harris Chowdhury were sentenced to seven years’ rigorous imprisonment in Zia Charitable Trust corruption case.

Sensex surges 237 points; ICICI Bank soars 8.4%, SBI 6.2%
Benchmark indices were trading in the positive zone as investors lauded a solid set of second-quarter earnings in large-cap companies such as ICICI Bank Ltd and Dr. Reddy's Laboratories Ltd.

Indian rupee strengthens to 73.33 on fresh dollar selling
The Indian rupee strengthened by 14 paise to 73.33 against the US currency in early trade on fresh dollar selling by exporters and a firm domestic equity market.

Chinese shares fall as Asia markets trade mixed
Asia markets traded mixed on Monday as major Chinese indexes dipped.

Dollar holds near 10-week high as global sentiment remains fragile
The dollar edged higher against a basket of its key rivals on Monday, not far off a 10-week high hit after data showed U.S. economic growth slowed less than expected and as global risk sentiment remained fragile.

Gold steadies as economic growth worries weigh on stocks
Gold prices held steady in a narrow range on Monday as worries over U.S. corporate earnings and a slowdown in global economic growth weighed on Asian shares.

Oil falls as investors wary of trade slowdown
Oil prices dipped on Monday amid cautious sentiment as a plunge in financial markets last week and dollar strength early this week underscored concerns that growth may be slowing, especially in Asia's emerging economies.
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