Tuesday’s midday business round up of Bangladesh

Last updated: October 10, 2017

Photo: Getty Images

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.

Acme Lab, Makson Spinning, Metro Spinning recommend dividend
Three more Bangladesh’s listed companies - Acme Laboratories, Makson Spinning and Metro Spinning - have recommend dividend for the year ended on June 30 in 2017, according to separate official disclosures on Tuesday.

3,000 Rohingya Muslims killed in Myanmar’s Rakhine state since Aug 25: Foreign minister
A total of 3,000 Rohingya Muslims were killed following the army operation in the Rakhine State of Myanmar since August 25, Bangladesh Foreign Minister AH Mahmood Ali said today.

Bangladesh’s stocks stay down at midday on Tuesday
Bangladesh’s stocks stayed at the downward trend at midday on Tuesday as the market reacted negatively to the central bank’s action against the overexposed banks.

UNHCR readies aid amid fresh refugee surge in Bangladesh
The UN Refugee Agency is rushing relief supplies to the border areas amid reports that an estimated 10,000 Rohingya refugees crossed into Bangladesh on Monday.

Indian rupee up 11 paisa at 65.25
The Indian rupee appreciated by 11 paisa to 65.25 against the dollar today as increasing risk appetite pushed back the US currency amid a positive opening of the domestic equity market.

Sensex up 69 points; Lupin, Coal India top gainers
The Sensex and Nifty were trading marginally higher on sustained buying by domestic institutional investors and positive Asian cues.

Most Asia markets climb despite softer Wall Street close; yuan strengthens
Most Asian shares climbed in early Tuesday trade as markets shrugged off the softer close on Wall Street.

Gold marks over 1-week high, but US rate hike prospects curb gains
Gold prices inched up to their highest in more than a week on Tuesday, drawing support from geopolitical tensions and a softer dollar, but expectations of another U.S. Federal Reserve interest rate hike this year weighed on upside momentum.

Oil prices stable as OPEC says market is rebalancing
Oil prices were steady on Tuesday as OPEC said there were clear signs the market was rebalancing and as U.S. production remained offline following Hurricane Nate.
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