Tuesday’s midday business round up of Bangladesh

Last updated: April 10, 2018

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.

Bangladesh’s stocks stay positive at midday Tuesday
Bangladesh’s stocks maintained the positive trend at midday on Tuesday as optimistic investors continued their buying spree on sector-wise stocks.

Al-Arafah Bank recommends 20% dividend for 2017
The board of directors of Al-Arafah Islami Bank Limited has recommended 15 percent cash and 5.0 percent stock dividend for the year ended on December 31, 2017.

‘Quota demo on hold, ignore divergent faction’
Protesters have urged all to ignore the divergent faction of the quota movement and asserted that their movement has been suspended until May 7 on the assurance of the government.

Rohingya crisis: ICC prosecutor seeks power to probe crimes against humanity
A prosecutor from the international criminal court (ICC) has sought jurisdiction over the “deportation” of Rohingyas, with the aim of investigating and prosecuting those responsible.

Sensex up 78 points; Axis Bank, ICICI Bank stocks spurt
The Sensex and Nifty continued to trade higher, in line with global peers, after Chinese President Xi Jinping promised to lower the import tariffs, in a speech that comes amid rising trade tensions between China and the United States.

Indian rupee trading strong at 64.92
The Indian rupee was trading strong at 64.92 on dollar selling by banks and exporters.

Asian shares buoyed after Xi remarks on opening up
Asian markets advanced in late morning trade on Tuesday as investors digested comments from Chinese President Xi Jinping on measures planned to further open up the Chinese economy.

Gold prices edge up as dollar, Asian stocks ease
Gold prices ticked up in early Asian trade on Tuesday as the dollar and Asian stocks slipped, while concerns about the prospect of an escalation in the China-U.S. trade spat and reports of a poison gas attack in Syria offered support as well.

Oil prices seesaw as US trade dispute with China rattles market
Oil prices dipped on Tuesday, easing after strong gains in the previous session when hopes that trade disputes between the United States and China could be resolved buoyed global markets.
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