Dhaka, Bangladesh (BBN) - Bangladesh’s stocks maintained robust gaining at midday on Tuesday as investors remained optimistic.
Following the previous day’s sharp decline, the key index of the major bourse rose about 26.79 points within first 30 minutes of the trading.
At 11:25am, the Selective Category Index of the Chittagong Stock Exchange, the port city bourse of the country, also advanced 39.91 points.
At 12noon, the DSEX advanced 40 points while the Selective Category Index of port city bourse lost 75 points when the report was filing.
DHAKA STOCK EXCHANGE:
As of 12noon, the DSE benchmark index DSEX rose 40 points or 0.7 percent to 5,475.
The Shariah DSES gains 6.6 points or 0.6 percent to 1,265.
The blue chip index DS30 is up about 10 points or 0.5 percent to 2029.
The volume of trade remained in positive mood as shares worth over BDT 20 crore was traded as of the noon.
Out of issues traded so far on the DSE floor, 197 issues advanced, 65 declined and 33 remained unchanged.
UPGDCL, Prime Bank, Lanka Bangla Finance, Islami Bank, RSRM Steel, Tung Hai Textile, City Bank, Beximco Pharma, NBL, BRAC Bank and Premier Leasing are the most traded stocks so far.
Today's rally is contributed in large measure by the likes of Prime Insurance about 10 percent, ILFSL 8.6 percent, BD Finance 6.8 percent, Prime Bank 6.4 percent, Regent Textile 4.76 percent, Northern Insurance 4.6 percent, Sonar Bangla Insurance 3.8 percent and Lanka Bangla Finance 3.7 percent.
The worst losers include Midas Finance, United Insurance, Agrani Insurance, Fine Foods, Rahima Food Continental Insurance, Tung Hai Textile, BD Computer and Islami Bank.
CHITTAGONG STOCK EXCHANGE:
On the Chittagong Stock Exchange (CSE), its benchmark index CSCX shot up by 75 points to 10,275.
Of the issues traded till 12:25pm, 122 gained, 37 declined and 16 issues remained unchanged with a turnover value of BDT 163,46 million.
BBN/SMK/ANS