Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Tuesday’s midday business round up compiling reports, published by different local and international newspapers and news portals.
Bangladesh’s stocks stay positive at midday Tuesday
Bangladesh’s stocks maintained the positive trend at midday on Tuesday as investors continued their buying appetite on sector-wise stocks.
National Life Insurance recommends 35pc dividend
National Life Insurance Company has recommended 20 percent cash and 15 percent stock dividend for the year ended on 31 December in 2017.
Sensex sheds 141 points; HDFC, Vedanta fall over 1.5%
The Sensex was trading lower by 140.74 points or 0.38 per cent at 37,353.66 and the Nifty down 40.55 points or 0.36 per cent at 11,279 as investors were on a wait-and-watch mode ahead of RBI policy outcome.
Indian rupee slips to 68.69 on month-end dollar demand
The Indian rupee declined two paise to 68.69 against the US dollar in early trade due to month-end dollar demand amid weakness in the domestic equity market. Fresh foreign fund outflows also weighed on the rupee.
Asian shares trade mixed; Nikkei inches higher after Bank of Japan decision
Asian shares traded mixed on Tuesday as investors digested the Bank of Japan’s decision to keep policy steady. The mixed showing also came on the back of Wall Street posting losses amid weakness in the technology sector.
Gold prices buoyed by weaker dollar vs yen
Gold prices crept higher early on Tuesday, supported by the dollar’s slight fall against the yen ahead of a monetary policy decision from the Bank of Japan.
Oil prices drop on oversupply concerns as OPEC output increased in July
Oil prices fell on Tuesday, with Brent futures set for their biggest monthly loss in two years, on oversupply concerns after a report showed OPEC’s output in July rose to its highest for 2018.