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.

Meghna Petroleum recommends 140% cash dividend
The board of directors of Meghna Petroleum has recommended 140 percent cash dividend for the year ended on June 30, 2018.

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

Indian markets closed today
Stocks and forex markets of India will remain closed today on account of ‘Diwali Balipratipada’.

Asian stocks pop after US markets cheer midterm elections
Stocks in Asia were higher in the afternoon after a stateside rally saw the Dow Jones Industrial Average and S&P 500 record their best post-midterm elections rally since 1982.

Dollar range-bound as investors await Fed rate decision; yen trades with weak bias
The dollar traded in a narrow range on Thursday as markets settled after U.S. midterm election results came in as expected, leaving investors free to focus on a Federal Reserve’s policy decision later in the global day.

Gold inches lower on firmer dollar; investors await Fed rate call
Gold prices inched lower on Thursday on the back of a stronger dollar as investors digested the U.S. midterm election results and turned their focus to the Federal Reserve’s monetary policy decision due later in the day.

Oil dips as soaring US production outweighs talk of OPEC output cuts
Oil prices dipped on Thursday as record U.S. crude output heightened concerns of a return of global oversupply, stoking talk from within OPEC that production curbs may become necessary once again to prevent a glut.