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 three listed companies recommend dividend
Three more companies—Wata Chemicals, Confidence Cement and Salvo Chemicals have recommended dividend for the year ended on June 30, 2018, according to separate official disclosures on Tuesday.
Zia Orphanage graft case: HC enhances Khaleda’s punishment to 10yrs
The High Court today enhanced the punishment of BNP Chairperson Khaleda Zia from five years of imprisonment to 10 years in Zia Orphanage Trust Corruption case.
Bangladesh’s stocks keep rising at midday
Bangladesh’s stocks maintained the upbeat trend at midday on Tuesday as optimistic investors are active on sector-wise stocks.
Sensex turns flat; Reliance, IndusInd Bank drop nearly 2.5%
The Sensex was trading down 7.74 points or 0.02 per cent at 34,059.66 and the Nifty down 4.05 per cent or 0.04 per cent at 10,246.80. Trading remained highly volatile.
Indian rupee weakens to 73.63 on FII outflows
The Indian rupee weakened by 18 paise to 73.63 against the US dollar on increased dollar demand from importers and sustained foreign fund outflows. Traders said the US dollar’s strength against some currencies overseas also weighed on the local unit.
Chinese stocks rebound after national regulator says it wants to boost investment in markets
Stocks in Asia were mostly positive on Tuesday as mainland Chinese stocks saw a rebound following supportive comments from a regulator.
Dollar holds firm, yuan at 10-year low on fresh Sino-US trade anxiety
The dollar held most of its overnight gains against a basket of its key rivals, with Tuesday’s trade supported by a safe haven bid as fresh worries over Sino-U.S. frictions and fears of a slowdown in global economic growth sapped investors’ confidence.
Gold down as dollar gains on China-US trade war fears
Gold prices edged down on Tuesday as the U.S. dollar firmed on renewed fears of an intensification in the Sino-U.S. trade war and worries over slowing global economic growth.
Brent oil prices dips on rising supply, global market woes
Brent oil prices dipped on Tuesday, weighed down by ongoing weakness in global stock markets and by signs of rising global supply despite looming sanctions on Iran’s crude exports.