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Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Thursday’s midday business round up compiling reports, published by different local and international newspapers and news portals.
Reckitt Benckiser recommends 275pc interim dividend
Reckitt Benckiser recommended 275 percent interim cash dividend based on the financial position and un-appropriated profit for the half year ended on June 30 in 2017, said an official disclosure on Thursday.
Islami Bank to issue 2nd Mudaraba bond of BDT 7.0bn
Islami Bank Bangladesh Limited (IBBL) will issue “Second Mudaraba Redeemable Non-Convertible Subordinated Bond” of BDT 7.0 billion under Mudaraba principle of Islamic Shariah.
Bangladesh’s stocks stay upbeat at midday
Bangladesh’s stocks stayed in positive trend at midday on Thursday as optimistic investors continued their buying appetite on sector-wise stocks.
Sensex plunges 263 points ahead of GDP data, Nov derivatives expiry
The benchmark BSE Sensex plunged nearly 270 points in the late morning trade due to offloading of positions by participants with today being the last day of November series contracts in the derivatives segment.
Indian rupee drops by 24 paisa to 64.55 ahead of GDP data
The Indian rupee dropped by 24 paisa to 64.55 against the American currency in early trade ahead of the September quarter GDP data.
Asian markets edge down on Thursday
Asian markets tracked lower on Thursday as oil prices firmed after falling in the last session. Meanwhile, technology stocks in the region declined after US shares in the sector sold off on Wednesday. Investors in the region also digested the better-than-expected official manufacturing PMI data out of China.
Gold holds near one-week low as stronger US economy data weighs
Gold on Thursday held close to a one-week low hit in the previous session, pressured by upbeat U.S. growth data for the third quarter and Federal Reserve chair Janet Yellen's bullish view of the economy.
Oil markets on tenterhooks ahead of OPEC meeting in Vienna
Oil markets were cautious on Thursday ahead of an OPEC meeting in Vienna, with producers set to debate an extension of the supply-cut agreement that came into effect in January with the goal of tightening supplies and propping up prices.
BBN/SSK/AD