Wednesday’s midday business round up of Bangladesh

Last updated: October 24, 2018

Photo: Getty Images

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 eight listed companies recommend dividend
Eight more companies listed with the Bangladesh capital market have recommended dividend for the year ended on June 30 in 2018, according to separate official disclosures on Wednesday.

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

Sensex shuttling around 34,000 mark; up 174 points
Equities shed initial gains following profit booking by traders at higher levels. The Sensex climbed 453 points in the first half-an-hour, encountered resistance due to selling at the high point of the days.

Indian rupee recovers against US dollar
The Indian rupee recovered by 42 paisa to 73.15 against the US currency in early trade on Wednesday, on fresh dollar selling by exporters amid easing crude oil prices and higher opening in the domestic equity markets.

Asia markets mostly higher following turbulent morning
Asia traded mostly higher Wednesday afternoon, following a turbulent morning session where stocks seesawed between gains and losses.

Gold edges higher as global political, economic worries lend
Gold prices nudged higher on Wednesday after hitting their highest in over three months in the previous session as global political and economic uncertainties bolstered safe-haven demand for the metal.

Oil prices claw back previous losses as Iran sanctions return to focus
Oil prices on Wednesday clawed back some of their hefty losses from the day before as the looming U.S. sanctions against Iran came back into focus.
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