Bangladesh’s FX, money markets close stable, stocks fall

Last updated: April 30, 2015

Dhaka, Bangladesh (BBN)–Bangladesh’s both foreign exchange and money markets remained almost stable in closing while the stocks suffer a big jolts on Thursday.
The call rate ranged between 6.75 percent and 8.0 percent remained unchanged from the previous level, market operators said.
On the other hand, the banks quoted the dollar single rate at BDT 77.80 which was also unchanged from the previous level.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 51.92 points or 1.26 percent to close at 18-month low level of 4,047.28 points.
The two other indices also saw steep fall.
The DS30 index, comprising blue chips lost 17.71 points or 1.13 percent to close at 1,545.18 points.
The DSE Shariah Index (DSES) dropped 12.63 points or 1.25 percent to close at 992.54 points.
Turnover however improved to BDT 3.82 billion, which was 21 percent higher over the previous session’s value of BDT 3.16 billion.
The port city bourse, Chittagong Stock Exchange (CSE), also ended lower with its Selective Categories Index – CSCX – fell 124.34 points to close at 7,557.43 points.

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