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 three companies recommend dividend
Three more Bangladesh’s listed companies – Envoy Textiles, Modern Dyeing and IT Consultants – have recommended dividend for the year ended on June 30 in 2017, according to separate official disclosures on Thursday.
Bangladesh’s stocks stay down at midday
Bangladesh’s stocks stayed at downward trend at midday on Thursday as the market reacted negatively to the central bank’s action against the over-exposed banks.
Two months’ service trade stands at $2 billion
Country’s trade in services with the rest of the world stood at $2102 million ($2.10 billion) in July-August period of the current fiscal year (FY178).
Bangladesh to seek WB assistance for Rohingyas: Muhith
Bangladesh will seek assistance from The World Bank for the forcibly displaced Rohingya people who crossed over into Bangladesh from August 25, Finance Minister AMA Muhith said today.
Indian rupee weakens to 65.16 on mild dollar demand
The Indian rupee weakened to 65.16 due to mild demand for the greenback from importers and banks despite dollar remaining weak overseas.
Metal, FMCG stocks push Sensex up 106 points
The benchmark BSE Sensex was trading higher by nearly 100 points and the NSE index Nifty above the 10,000-mark due to building up of fresh positions by participants ahead of key economic data — industrial production (IIP) for August and consumer inflation for September to be released after market closing today.
Asian shares notch gains after Wall Street’s record close as investors digest Fed minutes
Most Asian shares gained on Thursday after Wall Street closed at record levels following the latest minutes from the Federal Reserve. Meanwhile, the dollar remained on the back foot.
Gold prices touch two-week high amid subdued US dollar
Gold prices rose to their highest in two weeks on Thursday amid a muted dollar, after minutes from the U.S. Federal Reserve’s September policy meeting revealed low inflation concerns.
Oil prices drop on rising US crude inventories
Oil prices eased on Thursday as U.S. fuel inventories rose despite efforts by OPEC to cut production and tighten the market.