midday business round up

Bangladesh’s stocks continue optimistic trend at midday

Last updated: June 8, 2016

Dhaka, Bangladesh (BBN)-Bangladesh’s stocks continued its upward trend after witnessing early hour on Wednesday, the fourth 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 11.60 points while the port city bourse, selective category index of Chittagong Stock Exchange (CSE) earned 25.20 points around 12:00pm.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 11.60 points or 0.26 per cent to stand at 4,424.11 points, when the report was filed at 12:01pm.
The DS30 index, comprising blue chips, advanced 6.93 points or 0.40 per cent to reach at 1,746.58 points.
The DSE Shariah Index (DSES) also gained 3.09 points or 0.28 per cent to reach at 1,087.52 points.
DSE turnover stands at only BDT 1.11 billion when the report was filed at 12.01pm, riding on the new issue ACME Laboratories.
Of the issues traded till then, 153 advanced, 68 declined and 58 issues remained unchanged.
ACME Laboratories, which made debut on Tuesday, dominated the turnover chart with shares worth BDT 168 million changing hands till then, followed by Far Chemical Industries Ltd, Lafarge Surma Cement, Power Grid Company, MJL BD, and Shahjibazar Power Company.
CHITTAGONG STOCK EXCHANGE:
The port city bourse also saw upward trend at opening with its Selective Category Index- CSCX– advancing 25.20 points to stand at 8,273.81 points, also at 11:54pm.
Of the issues traded till then, 75 gained, 48 declined 30 issues remained unchanged with a turnover value of BDT 91 million.
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