Dhaka, Bangladesh (BBN)-Bangladesh’s stocks kept morning hour’s upward trend on midday Tuesday as the enthusiastic investors remained active on sector specific stocks.
After crossing the 5,200-mark in the previous day, the market opened with an optimistic mood in the morning and the benchmark index of the Dhaka Stock Exchange (DSE) went up by 27.79 points to teach at 5,242.39 points within first 15 minutes of trading.
After 30 minutes of trading, DSEX reached at 5,248, advancing 33.30 points or 0.63 per cent amid increased participation from the investors.
After two hours of trading at 12:30pm, the key index of the key index soared 44.25 points, while the Selective Category Index of port city bourse rose 91.24 points.
After first half of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) reached at 5,258.86 points, advancing 44.25 points or 0.84 per cent at 12:30pm.
The two other indices also returned to the upward trend. The DS30 index, comprising blue chips advanced 8.55 points or 0.45 per cent to reach at 1,887.67 points at 12:30pm.
The DSE Shariah Index (DSES) also gained 6.52 points or 0.53 per cent to reach at 1,236.73 points.
Turnover, the crucial indicator of the market, stands at BDT 10.79 billion when the report was filed at 12:30pm, driven by Beximco and Bangladesh Building Systems.
Of the issues traded till then, 230 advanced, 68 declined and 25 issues remained unchanged on the DSE trading floor.
Beximco dominated the turnover chart with shares worth BDT 438 million changing hands till then, closely followed by Bangladesh Building Systems BDT 398 million, Appollo Ispat BDT 319 million, LankaBangla Finance BDT 281 million and IFAD Autos BDT 271 million.
The port city bourse – the Chittagong Stock Exchange – (CSE) also maintained the upward trend as its Selective Category Index – CSCX – advancing 91.24 points to stand at 9,791.71 points, also at 12:30pm.
Of the issues traded till then, 169 gained, 49 declined and 25 issues remained unchanged with BDT 628 million in turnover.