Bangladesh’s FX, money markets open stable, stocks gain

Last updated: June 16, 2015

Dhaka, Bangladesh (BBN)- Bangladesh’s both foreign exchange and money markets remained almost stable while the stocks gained slightly in early hours of trading on Tuesday.

The call rate ranged between 5.25 per cent and 6.75 per cent on the day unchanged from the previous level. But most of the deals were made at rates between 5.50 per cent and 6.50 per cent on the day, market operators said.

The overall turnover in the call money market rose to BDT 46.91 billion on Monday from BDT 46.78 billion of the previous working day, according to the central bank latest statistics.

On the other hand, the banks quoted the US dollar single ate at BDT 77.80 unchanged from the previous level.

DSEX, the prime index of the DSE, went up by 6.51 points or 0.14 percent to reach at 4,484.08 points, after first more than hour of trade, when the report was filed at 11:50am.

DS30 index, comprising blue chips, gained 4.55 points or 0.26 percent to stand at 1,735.43 points.

The DSE Shariah Index (DSES) advanced 2.37 points or 0.22 percent to stand at 1,077.33 points.

DSE turnover stands at BDT 1.24 billion when the report was filed at 11:50am.

Of the issues traded till then, 112 advanced, 110 declined and 47 issues remained unchanged.

The port city bourse, the CSE, however, saw an upward trend in early hours of trading with its Selective Category Index – CSCX – gained 14.06 points to stand at 8,394.25 points, also at 11:59 am.

Of the issues traded till then, 80 gained, 64 declined and 26 issues remained unchanged with a turnover value of BDT 124 million.

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