Bangladesh’s stocks open optimistic on Sunday

Last updated: August 20, 2017

Retailers trade at Dhaka Stock Exchange office. BBN file photo

Dhaka, Bangladesh (BBN)- Bangladesh’s stocks witnessed upward trend in early hour of trading on Sunday as optimistic investors are active on sector specific stocks.

Following the previous week’s moderate correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend at opening amid increasing participation of investors.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 22 points while the Selective Category Index of port city bourse rose 40 points at 10:15am when the report was filed.

DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE, went up by 22 points or 0.37 percent to stand at 5,883 points, at 10:15am.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips advanced 5.98 points or 0.28 per cent to reach at 2,115 points.

The DSE Shariah Index (DSES) advanced 5.69 points or 0.43 percent to stand at 1,310 points.

Turnover, the important indicator of the market, stood at BDT 892 million when the report was filed at 10:15am.
Of the issues traded till then, 166 advanced, 33 declined and 46 remained unchanged.

BBS Cables emerged as turnover leader with shares worth BDT 183 million changing hands, followed by C&A Textiles BDT 41 million, Active Fine Chemicals BDT 36 million, BSCCL BDT 34 million and Bangladesh Shipping Corporation BDT 32 million.

CHITTAGONG STOCK EXCHANGE
The port city bourse – the Chittagong Stock Exchange – (CSE) saw upward trend till then trend with its Selective Category Index – CSCX – advancing 40 points to stand at 11,043 points, also at 10:15am.

Of the issues traded till then, 44 gained, 18 declined and 9 issues remained unchanged with BDT 26 million in turnover.

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