Bangladesh’s stocks witness higher trend at early trading

Last updated: December 12, 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 Tuesday as investors are taking position on sector-wise stocks.

Following the previous four days’ fall, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid low trading activities.

After first 30 minutes of trading, the key index of the country’s prime bourse advanced more than 31 points while the CSE All Shares Price Index of port city bourse rose 59 points at 11:00am when the report was filed.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the DSE, went up by 31.65 points or 0.51 to reach at 6,228 points, when the report was filed at 11:00am.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips also advanced 8.75 points or 0.38 percent to reach at 2,255 points.

The DSE Shariah Index (DSES) gained 4.35 points or 0.31 percent to stand at 1,380 points.

Turnover, the important indicator of the market, stood at BDT 466 million when the report was filed at 11:00am.

Of the issues traded till then, 175 advanced, 40 declined and 41 remained unchanged.

Aamra Networks was the most traded stocks till then with shares worth BDT 35 million changing hands, closely followed by Shahjalal Bank BDT 28 million, Paramount Textile BDT 23 million, Oimex Electrode BDT 20 million and Doreen Power BDT 17 million.

CHITTAGONG STOCK EXCHANGE:

The port city bourse – the Chittagong Stock Exchange – (CSE) witnessed upward trend till then with its All Shares Price Index, CAPSI, advancing 59 points to stand at 19,237, also at 11:00am.

The Selective Categories Index of the port city bourse also gained 36 points to reach at 11,631 points till then.

Of the issues traded till then, 49 gained, 20 declined and 12 issues remained unchanged with BDT 29 million in turnover.

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