Bangladesh’s stocks open slow amid low trading

Last updated: December 4, 2017

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Dhaka, Bangladesh (BBN) - Bangladesh’s stocks witnessed slow movement in early hour of trading on Monday as investors mostly followed cautious stance.

Following the previous day’s marginal correction, the Dhaka Stock Exchange (DSE) the Chittagong Stock Exchange (CSE) opened flat amid low trading activities.

After first 15 minutes of trading, the key index of the country’s prime bourse advanced 1.70 points while the CSE All Shares Price Index of port city bourse rose 16 points at 10:45am when the report was filed.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the DSE, went up by 1.70 points or 0.02 to reach at 6,297 points, when the report was filed at 10:45am.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips also advanced 3.31 points or 0.14 percent to reach at 2,277 points.

The DSE Shariah Index (DSES) gained 2.90 points or 0.21 percent to stand at 1,385 points.

Turnover, the important indicator of the market, stood at BDT 592 million when the report was filed at 10:45am.

Of the issues traded till then, 124 advanced, 49 declined and 51 remained unchanged.

Fortune Shoes was the most traded stocks till then with shares worth BDT 66 million changing hands, closely followed by Golden Harvest Agro Industries BDT 53 million, National Tubes BDT 45 million, BDT Thai Aluminum BDT 33 million and United Power BDT 24 million.

CHITTAGONG STOCK EXCHANGE:

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw slow movement till then with its All Shares Price Index, CAPSI – advancing 16 points to stand at 19,500 points, also at 10:45am.

The Selective Categories Index of the port city bourse also rose 10 points to reach at 11,798 points till then.

Of the issues traded till then, 25 gained, 18 declined and 9 issues remained unchanged with BDT 20 million in turnover.

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