midday business round up

Bangladesh’s stocks open positive

Last updated: February 9, 2017

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 – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw upward trend in early trading.
After 15 minutes of trading, the key index of the country’s prime bourse advanced 11.22 points while the Selective Category Index of port city bourse gained 16.12 points when the report was filing at 10:45am.
DHAKA STOCK EXCHANGE:
DSEX, the benchmark index of the DSE, went up by 11.22 points or 0.20 per cent to stand at 5399.46 points, when the report was filed at 10:45am.
The two other indices also saw positive trend till then.
The DS30 index, comprising blue chips, advanced 2.62 points or 0.13 per cent to reach at 1996.48 points.
The DSE Shariah Index (DSES) gained 1.88 points or 0.15 per cent to stand at 1,280.30 points.
Turnover, the important indicator of the market, stands at BDT 992 million when the report was filed at 10:45 million, riding on Saif Powertec.
Of the issues traded till then, 136 advanced, 56 declined and 38 issues remained unchanged.
Saif Powertec dominated the turnover chart with shares worth BDT 120 million changing hands till then, followed by LankaBangla Finance BDT 72 million, IFAD Autos BDT 58 million, IDLC Finance BDT 45 million and Al-Arafa Islami Bank BDT 44 million.
CHITTAGONG STOCK EXCHANGE:
The port city bourse CSE also saw upward trend till then with its Selective Category Index - CSCX – advancing 16.12 points to stand at 10307.72 points, also at 10:45am.
Of the issues traded till then, 52 gained, 27 declined and 15 issues remained unchanged with a turnover value of BDT 35 million.
BBN/SK/AD

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