Thursday’s midday business round up of Bangladesh

Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Thursday’s midday business round up compiling reports, published by different local and international newspapers and news portals.

 

Bangladesh’s stocks witness slow trend at midday

Bangladesh’s stocks witnessed slow movement at midday on Thursday as investors were mostly followed cautious stance.

 

Three more listed companies recommend dividend

Three more listed companies have recommended dividend for the year ended on June 30, 2018, according to separate official disclosures on Thursday.

 

UK, EU agree tentative Brexit deal on financial services

British Prime Minister Theresa May has struck a tentative deal with the European Union that would give UK financial services companies continued access to European markets after Brexit, the Times reported on Thursday.

 

Sensex down 122 points; Infosys drops 2.6%, Wipro 2.2%

Benchmark indices continued to trade lower due to profit-booking by funds and retail investors amid firm global cues. The Sensex was down 122.12 points or 0.35 per cent at 34,319.93 and the Nifty down 36.1 points or 0.35 per cent at 10,350.50.

 

Indian rupee rebounds to 73.76

The Indian rupee rebounded by 19 paise to 73.76 against the dollar on increased selling of the American currency by exporters.

 

Asia stocks kick off November with mostly positive trade; Softbank dives more than 8 percent

Shares in Asia were mainly higher in the first afternoon of November trading after a roller coaster October rocked stocks in the region.

 

Sterling pops following report of Brexit deal on financial services

The British pound jumped on Thursday on a report that UK Prime Minister Theresa May has struck a deal with Brussels on financial services, while the dollar held near a 16-month high versus a basket of its key rivals on strong U.S. economic data.

 

Gold prices recover from three-week low on softer US dollar

Gold prices inched higher in early Asian trade on Thursday, recovering from a three-week low hit in the previous session as the U.S. dollar eased.

 

Oil prices fall on signs of rising supplies, ebbing confidence on global economy

Oil prices fell early on Thursday, extending losses in previous sessions, amid signs of rising supply and growing concerns that demand might weaken on the prospect of a global economic slowdown.

BBN/SSK/AD