Dhaka, Bangladesh (BBN)–Bangladesh’s stocks continued their upward movement after two hours of trading on Monday as investors remained on buying binge.
Market insiders said that budgetary expectations coupled with further cut in banks’ deposit interest rate encouraged the investors to the capital market.
DSEX, the prime index of the DSE, stands at 4,657.22 points, rising 70.26 points or 1.53 percent, after two hours of trading, when this report was updated at 12:30pm.
The DS30 index, comprising blue chips rose 24.82 points or 1.42 percent to reach at 1,782.83 points. The DSE Shariah Index (DSES) advanced 16.14 points or 1.48 percent to stand at 1,129.36 points.
DSE turnover stands at BDT 5.86 billion after two hours trading when the report was filed at 12:30pm.
Of the issues traded till then, 191 advanced, 70 declined and 39 issues remained unchanged.
KPCL was remained the most traded stocks with shares worth BDT 719 million changing hands followed by Summit Power, GP, Beximco and Baraka Power.
The port city bourse – the CSE also saw upward trend with its Selective Category Index – CSCX – rose 120 points to stand at 8,775 points, also at 12:30pm.
Of the issues traded till then, 139 gained, 45 declined and 10 issues remained unchanged with a turnover value of BDT 395 million.