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Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Wednesday’s midday business round up compiling reports, published by different local and international newspapers and news portals.
Bangladesh’s Mutual Trust Bank recommends 12.50pc div
Mutual Trust Bank has recommended 12.50 percent stock dividend for the year ended on December 31, 2017, said an official disclosure on Wednesday.
Over 48pc Rana Plaza survivors still unemployed
Almost half of the survivors of Rana Plaza collapse still remain unemployed due to various physical and mental complications.
Karnaphuli Insurance recommends 11pc dividend
Karnaphuli Insurance Company has recommended 6.0 percent cash and 5.0 percent stock dividend for the year ended on December 31 in 2017, said an official disclosure on Wednesday.
No harmful element found in Passur water at Harbaria point: DoE
A government scientist today said that no harmful element has been found in the waters of Passur river at Harbaria point where a coal-laden vessel sank in the Sundarbans last Sunday.
Bangladesh’s stocks turn positive Wednesday midday
Bangladesh’s stocks turned into positive trend at midday on Wednesday as optimistic investors are active on sector-wise stocks.
Sensex up 70 points; ITC, Bharti Airtel top gainers
Domestic indices continued their winning spree for 10th straight session on positive global cues and sustained by domestic institutional investors and retail investors. Robust macroeconomic data also boosted the domestic sentiment.
Indian rupee hits fresh 7-month low of 65.78
The Indian rupee weakened by another 14 paise, nearing a fresh seven-month low of 65.78, against the US dollar in early trade at the interbank forex market today on fresh demand for the greenback from importers and banks.
Stocks in Asia climb after US markets rally on strong earnings
Markets in Asia traded mostly higher on Wednesday, as investor confidence stayed firm on the back of Wall Street's advance following strong earnings.
Gold dips after three sessions of gains as dollar, equities edge up
Gold prices slipped on Wednesday after rising for three straight sessions as the dollar held its gains on the back of upbeat U.S. economic data and equities edged up, whetting investor risk appetite.
Oil prices edge up on lower US crude inventories, global supply risks
Oil prices edged up on Wednesday, lifted by a reported fall in U.S. crude inventories and by the ongoing risk of supply disruptions.
BBN/SSK/AD