Bangladesh’s stocks open higher

Last updated: May 3, 2016

Dhaka, Bangladesh (BBN)-Bangladesh’s stocks witnessed positive trend in early hour of trading on Tuesday, the second trading session of the week following the news that Bangladesh has started work of adjusting the banks’ over exposure on ‘case to case’ basis.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, experienced upward trend.
The key index of Dhaka Stock Exchange (DSE) advanced 31.98 points, while the port city bourse, selecctive catagory index of Chittagong Stock Exchange (CSE) earned 46.42 points within 15 minutes of the day’s trading.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 31.98 points or 0.77 per cent to stand at 4,203.39 points, when the report was filed at 10:45am.
The DS30 index, comprising blue chips, advanced 16.87 points or 1.05 per cent to reach at 1,616.11 points.
The DSE Shariah Index (DSES) gained 8.10 points or 0.79 per cent to reach at 1,028.12 points.
DSE turnover stands at BDT 274 million when the report was filed at 10:45am.
Of the issues traded till then, 131 advanced, 14 declined and 10 issues remained unchanged.
MJL BD dominated the turnover chart with shares worth BDT 42 million changing hands, followed by BSRM, LankaBangla Finance, Keya Cosmetics and Emerald Oil.
CHITTAGONG STOCK EXCHANGE:
The port city bourse also saw positive trend at opening with its Selective Category Index- CSCX– advancing 46.42 points to stand at 7,841.36 points, also at 10:45am.
Of the issues traded till then, 50 gained, 13 declined four issues remained unchanged with a turnover value of BDT 19 million.
BBN/SK/AD

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