Bangladesh’s stocks open optimistic

Last updated: May 24, 2016

Dhaka, Bangladesh (BBN)-Bangladesh’s stocks witnessed upward trend in early hour of trading on Tuesday, the second trading session of the week as market was closed on Monday due to Shab-e-Barat.
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 the Dhaka Stock Exchange (DSE) advanced 13.96 points, while the selective catagory index of Chittagong Stock Exchange (CSE) earned 7.98 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 13.96 points or 0.30 per cent to stand at 4,407.68 points, when the report was filed at 10:45am.
The DS30 index, comprising blue chips, advanced 4.55 points or 0.26 per cent to reach at 1,717.49 points.
The DSE Shariah Index (DSES) gained 4.03 points or 0.37 per cent to reach at 1,077.98 points.
DSE turnover stands at BDT 220 million when the report was filed at 10:45am.
Of the issues traded till then, 96 advanced, 34 declined and 32 issues remained unchanged.
Sinobangla Industries dominated the turnover chart with shares worth BDT 24 million changing hands till then, followed by Shahjibazar Power Company, Keya Cosmetics, Doreen Power and Olympic Accessories.
CHITTAGONG STOCK EXCHANGE:
The port city bourse also saw positive trend at opening with its Selective Category Index- CSCX– advancing 7.98 points to stand at 8,232.76 points, also at 10:45am.
Of the issues traded till then, 31 gained, 5 declined 14 issues remained unchanged with a turnover value of BDT 15 million.
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