Bangladesh’s stocks opens optimistic

Last updated: April 25, 2017

BBN file photo

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks open optimistic in the morning trading on Tuesday, the third session of the week, as investors went on buying spree.
Both the bourses - the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) - opened higher, signalling the investors with a positive mood.
After 30 minutes of the trading, the key index of the DSE advanced 26.79 points while the Selective Category Index of port city bourse also gained 39.91 points at 11:25am.
DHAKA STOCK EXCHANGE:
The DSE benchmark index DSEX rose 26.79 points or 0.49 percent to 5,462.
The Shariah DSES gains 4 points or 0.4 percent to 1,263.
The blue chip index DS30 is up 8.6 points or 0.5 percent to 2028.
However, the volume of trade remained slow as shares worth over Tk 60 crore were changing hands in half an hour trading.
Out of issues traded so far on the DSE, 163 issues gained, 26 down and 23 remains unchanged.
Prime Bank, Lanka Bangla Finance, UPGDCL, RSRM Steel, BRAC Bank, Beximco, City Bank, Premier Leasing, Beximco Pharma, IDLC and Islami Bank remained in investors’ radar.
Among gainers, Prime Insurance is in leading position registering about 10 percent rise, followed by ILFSL with 8.6 percent, BD Finance 6.8 percent, Prime Bank 6.4 percent, Regent Textile 4.76 percent, Northern Insurance 4.6 percent, Sonar Bangla Insurance 3.8 percent and Lanka Bangla Finance 3.7 percent.
The worst losers include Midas Finance, United Insurance, Agrani Insurance, Fine Foods, Rahima Food Continental Insurance, Tung Hai Textile, BD Computer and Islami Bank.
Chittagong Stock Exchange:
CHITTAGONG STOCK EXCHANGE:
The port city bourse, the CSE, also open positive trend with its Selective Category Index – CSCX – advancing 39.91 points to stand at 10240.27 points also at 11:25am.
Of the issues traded till then, 76 gained, 30 declined and 17 issues remained unchanged with a turnover value of BDT 72.59 million.
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