midday business round up

Bangladesh’s stocks open mix trend

Last updated: June 9, 2016

Dhaka, Bangladesh (BBN)-Bangladesh’s stocks witnessed mixed trend in early hour of trading on Thursday with choppy trading, the last trading session of the week.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, experienced volatility trend at the opening
DSE saw positive trend, while the CSE opened negative trend till filed the report at 10:45am.
The key index of the DSE advanced 2.32 points, while the Selective Category Index of port city bourse fell 2.83 points within 15 minutes of the day’s trading.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 2.32 points or 0.05 per cent to stand at 4,422.75 points, when the report was filed at 10:45am.
The DS30 index, comprising blue chips, advanced 1.54 points or 0.08 per cent to reach at 1,743.11 points.
The DSE Shariah Index (DSES) also gained 1.05 points or 0.09 per cent to reach at 1,086.10 points.
DSE turnover stands at only BDT 146 million when the report was filed at 10:45am, riding on the new issue ACME Laboratories.
Of the issues traded till then, 61 advanced, 36 declined and 39 issues remained unchanged.
The newly listed ACME Laboratories dominated the turnover chart with shares worth BDT 59 million changing hands till then, followed by Paramount Textile, Tosrifa Industries, Doreen Power and Olympic Accessories.
CHITTAGONG STOCK EXCHANGE:
However, the port city bourse saw negative trend till then with its Selective Category Index- CSCX– falling 2.83 points to stand at 8,270.04 points, also at 10:45am.
Of the issues traded till then, 20 gained, 19 declined 10 issues remained unchanged with a turnover value of BDT 12 million.
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