Dhaka, Bangladesh (BBN) – Bangladesh’s stocks kept the upward trend at midday on Monday as optimistic investors continued their buying spree on sector specific stocks.
Maintaining the previous day’s positive trend, the key index in the country’s premier bourse – Dhaka Stock Exchange (DSE) and the port city’s bourse – Chittagong Stock Exchange (CSE) opened higher amid increasing turnover value.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 27 points while the Selective Category Index of port city bourse rose 19 points at 10:45am.
After 30 minutes of trading, DSEX soared more than 30 points while the Selective Category Index of port city bourse rose 30 points at 11:00am.
After two hours of trading, DSEX, the prime index of the DSE rose 36 points, while the Selective Category Index of port city bourse advanced 78 points when the report was filed at 12:30pm.
DHAKA STOCK EXCHANGE:
After first half of the trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) stands at 5,810 points, advancing 36 points or 0.62 percent at 12:30pm.
The two other indices also maintained the upward trend till then. The DS30 index, comprising blue chips advanced 7.94 points or 0.37 percent to reach at 2116 points.
The DSE Shariah Index (DSES) also rose 4.91 points or 0.37 percent to reach at 1,319 points.
Turnover, the crucial indicator of the market, stands at BDT 6.52 billion, when the report was filed at 12:30pm.
Keya Cosmetics was the most traded stocks till then with shares worth BDT 402 million changing hands, followed by Beximco BDT 228 million, Fu-Wang Food BDT 199 million, Prime Bank BDT 189 million and Saif Powertec BDT 179 million.
Of the issues traded till then, 197 advanced, 88 declined and 38 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend with its Selective Category Index – CSCX – gaining 78 points to stand at 10,898 points, also at 12:30pm.
Of the issues traded till then, 142 gained, 62 declined and 30 issues remained unchanged with BDT 398 million in turnover.