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 National Bank recommends 20% dividend
The board of directors of National Bank of Bangladesh has recommended 20 percent stock dividend for the year ended on December 31, 2016, said an official disclosure on Tuesday.
Bangladesh Taka depreciates 12 paisa more against US$
The exchange rate of Bangladesh Taka (BDT) depreciated by maximum 12 paisa more against the US currency in early hour transactions on Tuesday in inter-bank foreign exchange (forex) market.
Bangladesh’s stocks stay positive at midday
Bangladesh’s stocks stayed upward trend at midday on Tuesday as optimistic investors continued their buying spree.
Bangladesh’s Dhaka Bank recommends 15% dividend
The board of directors of Dhaka Bank of Bangladesh has recommended 10 percent cash and 5.0 percent stock dividend for the year ended on December 31, 2016, said an official disclosure on Tuesday.
Indian rupee pares initial gains; still up 4 paise at 64.20
The Indian rupee surrendered its initial gains but was still trading higher by 4 paise at 64.20 against the US dollar in the afternoon deals.
Power, healthcare stocks pull Sensex down 57 points
The BSE benchmark Sensex failed to maintain the 30,000-level and was trading down by nearly 60 points due to fresh selling in power, healthcare, FMCG and capital goods stocks amid firm Asian cues.
Oil edges down as Libya output hits highest since 2014
Oil prices edged down on Tuesday, as a recovery in Libyan output and rising U.S. supplies raised worries that OPEC-led production cuts may not significantly tighten a bloated market.
Asia trades mixed; Reserve Bank of Australia leaves cash rate unchanged as expected
Asia markets traded mixed on Tuesday as most major exchanges outside of Tokyo resumed after being shut for a public holiday on Monday.
Gold steady on stronger equities, dollar
Gold was steady on Tuesday after falling nearly one percent to a three-week low in the previous session as equities and the dollar climbed, while worries over North Korea eased.
BBN/SS/ANS