Photo: Investing.com

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.

Bangladesh’s Exim Bank to issue BDT 6.0 billion bond
The board of directors of the Exim Bank Limited has adopted the resolution for the issuance of Mudaraba Subordinated Bond of BDT 6.0 billion, said an official disclosure on Thursday.

Bangladesh’s stocks turn negative at midday Thursday
Bangladesh’s stocks witnessed downward trend at midday on Thursday as investors are mostly on selling mode ahead of the holy month of Ramadan.

Sensex turns flat; Karnataka elections eyed
Benchmark indices turned flat as investors stayed on the sidelines ahead of Karnataka elections on May 12. The Sensex was trading up 31.13 points or 0.09 per cent at 35,350.48 and the Nifty up 2.95 points or 0.03 per cent at 10,744.65.

Indian rupee plunges to fresh 15-month low of 67.37
The Indian rupee weakened by 10 paise to a fresh 15-month low of 67.37 against the US dollar in early trade due to strengthening of the American currency overseas, sustained foreign fund outflows and soaring global crude prices.

Markets in Asia notch moderate gains; traders watching oil prices
Asian markets notched moderate gains in Thursday trade, tracking Wall Street’s advance as oil prices traded higher after touching multi-year highs overnight.

Gold prices steady amid firm dollar; Iran tensions support
Gold prices steadied on Thursday as the dollar held firm near its 2018 peak on strong U.S. bond yields, with investors also keeping an eye out for any further impact from U.S. President Donald Trump’s decision to pull out of a nuclear deal with Iran.

Oil prices hit highest in years as markets adjust to looming sanctions on Iran
Oil prices clocked up more multi-year highs on Thursday as traders adjusted to the prospects of renewed U.S. sanctions against major crude exporter Iran amid an already tightening market.
BBN/SSK/AD