midday business round up

Bangladesh’s stocks continue positive trend at midday

Last updated: May 16, 2016

Dhaka, Bangladesh (BBN)-Bangladesh’s stocks continued its upward trend after witnessing early hour on Monday, the second trading session of the week.
Both the Dhaka Stock Exchange (DSE), the prime bourse of Bangladesh, and Chittagong Stock Exchange (CSE), the port city bourse of the country, opened with a positive note when the market opened at 10:30am and hold the positive trend at midday.
The key index of Dhaka Stock Exchange (DSE) advanced 10.90 points while the port city bourse, selective category index of Chittagong Stock Exchange (CSE) earned 34.86 points around 12:30pm.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 10.90 points or 0.25 per cent to stand at 4,286.38 points, when the report was filed at 12:31pm.
The DS30 index, comprising blue chips, advanced 5.64 points or 0.34 per cent to reach at 1,665.66 points.
The DSE Shariah Index (DSES) gained 2.67 points or 0.25 per cent to reach at 1,053.29 points.
DSE turnover was slow as total turnover stands at BDT 1.38 billion when the report was filed at 12:31pm.
Of the issues traded till then, 153 advanced, 88 declined and 57 issues remained unchanged.
Bangladesh Building Systems dominated the turnover chart with shares worth BDT 97 million changing hands till then, followed by Doreen Power, United Power, Linde Bangladesh, BSRM and Summit Alliance Port Limited.
CHITTAGONG STOCK EXCHANGE:
The port city bourse also saw positive trend at opening with its Selective Category Index- CSCX– advancing 34.86 points to stand at 8,039.55 points, also at 12:26pm.
Of the issues traded till then, 98 gained, 44 declined 32 issues remained unchanged with a turnover value of BDT 70 million.
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