Monday’s midday business round up of Bangladesh

Last updated: October 1, 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.

Bangladesh’s stocks stay in positive trend at midday
Bangladesh’s stocks stayed in the positive trend at midday on Monday as some investors continued on buying binge on sector-wise stocks.

Now you can use any operator keeping same mobile number
The much-awaited mobile number portability (MNP) service was launched for the first time in Bangladesh since this morning.

Summit Alliance recommends 12.50% cash dividend
The board of directors of Summit Alliance Port Ltd. has recommended 12.50 percent cash dividend for the year ended on 30 June 2018, said an official disclosure on Monday.

Sensex down 103 points; Kotak Bank tanks over 12%
The Sensex was trading lower by 103.10 points or 0.28 per cent at 36,124.04 and the Nifty down 57.7 points or 0.53 per cent at 10,872.75 on heavy selling in realty, capital goods, consumer durables and realty stocks amid mixed global cues.

Indian rupee slips 36 paisa to 72.84
The Indian rupee weakened by 36 paisa to 72.84 against the US dollar despite RBI’s plan to purchase government bonds worth Rs 36,000 crore to boost liquidity. The domestic unit had gained 11 paisa to close at a one-week high of 72.48 against the US dollar on Friday.

Asia markets mixed as US and Canada agree on renewed NAFTA
Asia markets were mixed on Monday as the U.S. and Canada announced that they had reached a deal to replace the North American Free Trade Agreement.

Gold slips as dollar firms amid Fed rate hike view
Gold prices dipped on Monday as the dollar firmed in the wake of indications from the U.S. Federal Reserve last week that it will pursue a tighter monetary policy.

Brent oil rises to four-year high ahead of Iran sanctions, traders eye more hikes
Brent crude oil prices rose to their highest since November 2014 on Monday ahead of U.S. sanctions against Iran, the third-largest producer in the Organization of the Petroleum Exporting Countries (OPEC), that kick in next month.
BBN/SSK/AD

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram