Asian share

Japan shares up on weaker yen

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 four companies recommend dividend
The board of directors of four more listed companies – BBS Cables, Samorita Hospital, GBB Power and S Alam Clod Rolled Steels – have recommended dividend for the year ended on June 30 in 2017, according to separate official disclosures on Wednesday.

Bangladesh’s stocks stay positive at midday
Bangladesh’s stocks stayed in positive trend at midday on Wednesday as investors continued to show their buying appetite on sector-wise issues amid ongoing earnings and dividend declaration session.

Rohingyas to be repatriated on PM’s 5 points, Annan commission recommendations
The forcibly displaced Rohingyas will be repatriated to Myanmar based on Prime Minister Sheikh Hasina’s five-point proposal and the recommendations made by the Kofi Annan-led Advisory Commission.

Indian rupee trading weak at 65.19
The Indian rupee was trading down by 12 paise at 65.19 against the US currency in late morning deals following a sustained bout of dollar demand from banks and importers amid firm foreign fund outflows.

Sensex soars 312 points, Nifty trades above 10,250 on Rs. 7 lakh crore stimulus plan
The benchmark BSE Sensex was trading higher by over 300 points and the NSE index Nifty above 10,250 level as the Finance Minister, Arun Jaitley, had yesterday announced a massive Rs. 6.92 lakh crore for infrastructure spending and another Rs. 2.11 lakh crore for bank recapitalisation to revive investments and growth.

Asia markets rise as Aussie dollar tumbles on soft inflation
Major indexes in Asia made slight gains on Wednesday as the Australian dollar fell to its lowest levels in three months after inflation missed expectations.

Gold inches down as dollar gains amid Fed chair speculation
Gold prices slipped on Wednesday, pressured by a firmer dollar amid speculation over who will be the next U.S. Federal Reserve chief.

Oil hovers near four-week high on Saudi pledge to end glut
Oil prices were largely steady on Wednesday, hovering near a four-week high hit a day earlier after top exporter Saudi Arabia said it was determined to end a supply glut.
BBN/SSK/AD