Bangladesh market opens stable, stocks up

Last updated: December 1, 2014

Dhaka, Bangladesh (BBN) - Both money and foreign exchange markets remain almost stable while the stocks see a upward trend in early hours of trading on Monday, the second trading session of the week.

The call rate ranged between 6.25 per cent and 8.25 per cent on the day unchanged from the previous level, market operators said.

On the other hand, the banks quoted the dollar signal rate at BDT 77.70 on the day against BDT 77.69-BDT 77.70 of the previous level.

“The rising trend of US dollar against the local currency continues in early hours of trading on the day,” a senior treasury official of a leading private commercial bank told BBN.
He also said the exchange rate of the greenback may rise further at customer level due to higher demand for the US dollar in the market.  

DSEX, the prime index of the DSE went up by 44.07 points or 0.92 percent to reach at 4,813.50 points after first 30 minutes of trade when the report was filed at 11am.

The port city bourse – the CSE also saw upward trend in early hours of trading with its Selective Category Index -- CSCX – gained 50.33 points to stand at 9,009.59 points, also at 11am.

                                                    Daily Indicators
                                                       Latest                  Previous
Inter-bank US$-BDT rate                  77.70                        77.69-77.70
Inter-bank call money rate                6.25 - 8.25                  6.25 - 8.25
Call turnover (in billion)                     55.59                         60. 09
DIBOR                                              7.1940                          7.2053
ALS (in billion)                                  1.86                             1.13  
Forex reserve (in billion)                   $21.59                        $21.60

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BBN/SSR/AD-01Dec14-12:39 pm (BST)

 

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