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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.

Matin Spinning, Atlas Bangladesh recommend dividend
Bangladesh’s two more listed companies – Matin Spinning Mills and Atlas Bangladesh – have recommended dividend for the year ended on June 30 in 2017, according to separate official disclosures on Tuesday.

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

UN Security Council urges Myanmar to stop excessive military force in Rakhine state
The United Nations Security Council urged the Myanmar government on Monday to “ensure no further excessive use of military force in Rakhine state,” where violence has forced more than 600,000 Rohingya Muslims to flee the Buddhist-majority Asian country.

Sensex sheds 132 points; Reliance, ICICI Bank major losers
The Sensex and Nifty retreated from early record highs due to heavy selling in oil & gas, realty, consumer durables and PSU stocks amid firm global cues.

Indian rupee recovers to 64.61 on dollar selling
The Indian rupee recovered by 7 paisa to 64.61 against the dollar in early trade at the Interbank Foreign Exchange market today on increased selling of the US currency by exporters and banks.

Most Asia markets climb; energy stocks rise as oil holds onto gains
Major indexes in Asia made gains in Tuesday trade after U.S. stocks closed at record levels and oil prices traded at their highest marks since 2015 overnight.

Gold dips on profit-taking after rally on concerns over Saudi arrests
Gold inched down on Tuesday after investors sold bullion to lock in profits following the nearly 1percent gain in the previous session on safe-haven buying on concerns over corruption arrests that targeted royal family members and ministers in Saudi Arabia.

Oil prices edge down from near 2-1/2 year high
Oil prices edged lower on Tuesday after posting the biggest gains in six weeks a day earlier, buoyed by moves by Saudi Arabia’s crown prince to tighten his grip on power and rising tensions between the kingdom and Iran.
BBN/SS/AD