Call money rates stable, stocks up

Last updated: August 12, 2015

Dhaka, Bangladesh (BBN)- The inter-bank call money rates remained unchanged in early-hour trading on Wednesday while the US dollar was stable against the local currency in the inter-bank market, treasury officials said.
The call rate ranged between 5.30 per cent and 6.50 per cent during the period under review from 5.25 per cent and 6.50 per cent of the previous working day. However, most of the deals were settled at rates varying between 5.30 per cent and 6.0 per cent, they added.
On the other hand, the banks quoted the dollar rate at BDT 77.80 on the day unchanged from the previous level.
However, total turnover in the call money market rose to BDT 58.34 billion on Tuesday from 57.61 billion of the previous working day, according to the latest central bank statistics, released on Wednesday.
On the other hand, the Bangladesh Bank (BB) withdrew BDT 141.07 billion at 5.25 per cent from the market using its reverse REPO (repurchase agreement) auction on Tuesday. It was BDT 144.93 billion on Monday.
On the other hand, trading at the Dhaka Stock Exchange (DSE) started at 12:10pm and will continue till 4:10pm on Wednesday as a technical glitch delayed trade resumption at the premier bourse.
Usually trading began at 10:30am at both Dhaka and Chittagong stock exchanges and simultaneously closes at 2:30pm every working day.
After 20 minutes of trade, DSEX, the prime index of the DSE, went up by 22.94 points to reach at 4,814.41, when the report was filed at 12.30pm.
Turnover on the DSE stands at only BDT 418 million after 20 minutes of trade. Of the issues traded till then, 129 advanced, 38 declined and 36 issues remained unchanged.
However, the CSE trading started on time at 10:30am. After two hours of trade on CSE, its Selective Category Index -- CSCX – gained 45 points to stand at 894.45.
Of the issues traded till then, 115 gained, 48 declined and 43 issues remained unchanged with a turnover value of BDT 194 million.

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