Dhaka, Bangladesh (BBN)– Bangladesh’s foreign exchange and inter-bank call money markets opened almost stable while the stocks witnessed an upward trend in early hour of trading on Wednesday.
The call rate ranged between 5.50 per cent and 7.50 per cent unchanged against the previous level.
On the other hand, the banks quoted the dollar single rate at BDT 77.80 on the day unchanged from the previous level.
The exchange rate of the BDT against the US dollar remained stable due to weak demand for the greenback in the market, a senior treasury official told BBN in Dhaka.
“The existing trend of inter-bank forex market may continue till the end of this month.”
DSEX, the prime index of the DSE went up by 29.66 points or 0.68 percent to reach at 4,356.27 points after first 30 minutes of trade when the report was filed at 11am.
The two other indices also saw positive trend. The DS30 index, comprising blue chips gained 19.01 points or 1.17 percent to reach at 1,641.51 points. The DSE Shariah Index (DSES) advanced 9.01 points or 0.86 percent to stand at 1,048.26 points.
The port city bourse – the CSE also saw positive trend in early hours of trading with its Selective Category Index — CSCX – gained 67.55 points to stand at 8,204.77 points, also at 11am.
Of the issues traded till then, 77 gained, 27 declined and 13 remained unchanged with a turnover value of BDT 104 million.