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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.
Bangladesh’s stocks stay positive at midday Monday
Bangladesh’s stocks stayed in the positive trend at midday on Monday as investors continued their buying appetite on sector-wise stocks.
Matin Spinning, Power Grid Co recommend dividend
Two more companies- Matin Spinning Mills and Power Grid Company of Bangladesh –have declareded dividend for the year ended on June 30, 2018, according to separate official disclosures on Monday.
Sensex down by 198 points
Fresh bouts of selling in Oil & Gas, Banking, IT and industrial has pushed the markets further lower. On the BSE, the Sensex declined 175 points at 34,835.59. The Nifty too was down 62 points at 10,490.85.
Indian rupee falls 48 paisa against dollar
The Indian rupee depreciated 48 paisa to 72.91 against the US dollar in early trade at the interbank forex market Monday on foreign fund outflows.
Asia markets fall; Xi speech tries to position China as globalization champion
Asia Pacific markets traded lower on Monday as investors remained cautious over global growth prospects while Chinese President Xi Jinping tried to position China as a globalization champion in a major speech.
British pound firms on reports of Brexit customs deal
The dollar lost ground against most of its major peers on Monday, as growing expectations of an orderly Brexit bolstered the pound, euro and broader global investor sentiment.
Iranian marchers chant 'Death to America' on eve of US oil sanctions
Thousands of Iranians chanting “Death to America” rallied on Sunday to mark the anniversary of the seizure of the US Embassy during the 1979 Islamic Revolution and the imminent reimposition of US sanctions on Iran’s oil sector.
Gold prices hold steady amid easing dollar
Gold prices were steady in early Asian trade on Monday as the dollar eased, while investors are tuned in to the U.S. congressional elections on Tuesday.
Oil prices fall as US grants Iran sanction waivers to 8 importers
Oil prices fell on Monday as the start to U.S. sanctions against Iran's fuel exports was softened by waivers that will allow some countries to still import Iranian crude, at least temporarily.
BBN/SSK/AD