Dhaka, Bangladesh (BBN) – Bangladesh’s stocks kept the morning hour’s upward trend at midday on Sunday as optimistic investors continued their buying spree amid optimism.
After crossing the 5,500-mark in the previous session, the market opened with an optimistic note in the morning, gaining around 36 points within first five minutes of trading.
After 30 minutes of trading, the key index of the country’s prime bourse advanced 40.04 points to reach at 5,552 at 11:00am.
At 12:00 noon, DSEX advanced 38.62 points while the Selective Category Index of port city bourse rose 73.98 points when the report was filing.
After one and a half hours of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) reached at 5,551.08 points, advancing 38.62 points or 0.70 per cent when the report was filing at 12:00 noon.
The two other indices also saw upward trend till then.
The DS30 index, comprising blue chips advanced 12.00 points or 0.60 per cent to reach at 2,014.37 points at 12:00 noon.
The DSE Shariah Index (DSES) gained 8.81 points or 0.68 per cent to reach at 1,293.75 points.
Turnover, the crucial indicator of the market, stands at BDT 3.92 billion when the report was filed at 12:00 noon riding on LankaBangla Finance and Baraka Power.
LankaBangla dominated the turnover chart with shares worth BDT 220 million changing hands till then, closely followed by Baraka Power BDT 177 million, Doreen Power BDT 133 million, RAK Ceramics BDT 132 million and Ratanpur Steel Re-rolling Mills BDT 112 million.
Of the issues traded till then, 207 advanced, 65 declined and 41 issues remained unchanged on the DSE trading floor.
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till 12:00 noon as its Selective Category Index – CSCX –gaining 73.98 points to stand at 10,404 points, also at 12:00 noon.
Of the issues traded till then, 132 gained, 41 declined and 21 issues remained unchanged with BDT 203 million in turnover.