Dhaka, Bangladesh (BBN) - Bangladesh’s stocks witnessed upward trend in early hour of trading on Thursday, the last trading session of the week.
Both bourses - the premier bourse Dhaka Stock Exchange (DSE) and the while the port city bourse Chittagong Stock Exchange (CSE) saw upward trend till the report was filing at 10:45am.
The key index of the DSE advanced 8.28 points, while the Selective Category Index of port city bourse gained 13.83 points within 15 minutes of the day’s trading at 10:45am.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 8.28 points or 0.17 percent to stand at 4,698.91 points, when the report was filed at 10:45am.
The two other indices saw positive trend till then. The DS30 index, comprising blue chips, advanced 4.89 points or 0.27 percent to reach at 1,784.29 points.
The DSE Shariah Index (DSES) also gained 1.22 points or 0.11 percent to stand at 1,127.33 points.
DSE turnover stands at BDT 412 million when the report was filed at 10:45am, riding on the City Bank and Doreen Power Generations and Systems.
Of the issues traded till then, 104 advanced, 42 declined and 54 issues remained unchanged.
City Bank dominated the turnover chart with shares worth BDT 50 million changing hands till then, followed by Doreen Power, Bangladesh Building Systems, Lafarge Surma Cement and ACI Formulation.
City Bank topped the turnover list following the news that the Bangladesh Bank considers allowing City Bank to sell its 5 per cent equity shares to International Finance Corporation, the private sector arm of the World Bank Group, about eight months after the signing of the deal.
CHITTAGONG STOCK EXCHANGE:
The port city bourse CSE also saw upward trend till then with its Selective Category Index- CSCX–advancing 13.83 points to stand at 8,776.03 points, also at 10:45am.
Of the issues traded till then, 40 gained, 15 declined and 05 issues remained unchanged with a turnover value of BDT 16 million.
BBN/AD/SR