midday business round up

Bangladesh’s stocks retain gaining trend at midday

Last updated: October 26, 2015

Dhaka, Bangladesh (BBN)-Bangladesh’s stocks retained the upward trend from morning-to-midday amid choppy trading on Monday.
The market opened with optimistic note in the morning and managed to hold it after nearly two hours of trading on the second session of the week.
But the market experienced a roller coaster ride as it faced ups and downs during the time.
The key index of Dhaka Stock Exchange, the prime bourse of Bangladesh, gained 1.91 points while the selective category index of Chittagong Stock Exchange, the port city bourse of the country, also obtained 28.10 points when this report was updated at 12:25pm.
DHAKA STOCK EXCHANGE:
After nearly two hours of trading, DSEX, the prime index of the Dhaka Stock Exchange, stood at 4,651.20 points gaining 1.91 points or 0.04 per cent at 12:25pm.
However, the DS30 index, comprising blue chips, dropped 2.25 points or 0.13 per cent to reach at 1,759.96.
The DSE Shariah Index (DSES) also earned 0.36 points or 0.03 per cent to reach at 1,116.85.
Turnover on DSE stood at BDT 2.148 billion when this report was updated at 12:25pm.
Of the issues traded till then, 159 advanced, 94 declined and 50 issues remained unchanged.
The CVO Petrochemical Refinery Limited was remained the most traded stocks with shares BDT 90.71 million changing hands followed by IFAD Autos, Shahjibazar Power Co Ltd, C & A Textiles Limited, KDS Accessories Limited and The Ibn Sina.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also maintained positive trend after nearly two hours of trading as its Selective Category Index – CSCX – gained 28.15 points to stand at 8,663.96 at 12:25pm.
Of the issues traded till then, 106 gained, 50 declined and 25 issues remained unchanged with a turnover value of BDT 114.11.
BBN/BB/SK

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