Bangladesh’s stocks open mix trend

Last updated: March 28, 2017

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed mixed trend in early hour of trading on Tuesday, the second trading session of the week.
The Dhaka Stock Exchange (DSE) saw positive trend while the Chittagong Stock Exchange (CSE) faced marginal correction till the report was filed at 10:45am.
The key index of the DSE advanced 6.41 points, while the Selective Category Index of port city bourse lost 3.80 points within first 15 minutes of the day’s trading at 10:45am.
Brokers said the market witnessed mixed amid slow trend as majority of the investors preferred to stay sideline before the quarter-end whereas many focused on rebalancing their portfolio.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 6.41 points or 0.11 per cent to stand at 5,704.34 points, when the report was filed at 10:45am.
The two other indices also saw positive trend.
The DS30 index, comprising blue chips, advanced 1.82 points or 0.08 per cent to reach at 2073.62 points.
The DSE Shariah Index (DSES) also gained 0.95 points or 0.07 per cent to stand at 1,297.68 points.
Turnover, the important indicator of the market, stands at BDT 610 million when the report was filed at 10:45 million.
LankaBangla Finance dominated the turnover chart with shares worth BDT 144 million changing hands till then, followed by Investment Corporation of Bangladesh BDT 42 million, Islamic Finance BDT 37 million, Premier Leasing and Finance BDT 29 million and Salvo Chemicals BDT 25 million.
Of the issues traded till then, 94 advanced, 48 declined and 42 issues remained unchanged.
CHITTAGONG STOCK EXCHANGE:
However, the port city bourse CSE saw negative trend till then with its Selective Category Index - CSCX –losing 3.80 points to stand at 10,707 points, also at 10:45am.
Of the issues traded till then, 36 gained, 24 declined and 9 issues remained unchanged with a turnover value of BDT 20 million.
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