Dhaka, Bangladesh (BBN)-Bangladesh’s stocks kept the early hour’s upward momentum on Thursday as optimistic investors remained active on sector specific stocks.
The market opened with an optimistic note in the morning, gaining more than 21 points to stand at 4,945.82 points within first 15 minutes of trading.
After 30 minutes of trading, DSEX reached at 4,946.21, advancing 21.86 points or 0.44 per cent at 11:00am.
After two hours of trading at 12:30pm, the market maintained the upward movement with the key index of the DSE advanced 33.27 points, while the Selective Category Index of port city bourse rose 46.04 points.
After two hours of trading, DSEX, the prime index of the Dhaka Stock Exchange reached at 4,957.62 points, surging 33.27 points or 0.68 percent at 12:30pm.
The two other indices also saw positive trend till then. The DS30 index, comprising blue chips advanced 6.48 points or 0.36 percent to reach at 1,798.06 points at 12:30pm.
The DSE Shariah Index (DSES) also soared 8.89 points or 0.76 percent to reach at 1,175.51 points.
Turnover, the crucial indicator of the market, stands at BDT 4.50 billion when the report was filed at 12:30pm.
Of the issues traded till then, 221 advanced, 53 declined and 39 issues remained unchanged on the DSE trading floor riding on Appollo Ispat and Building Systems.
Appollo Ispat was the most traded stocks till then with shares BDT 315 million changing hands, followed by Bangladesh Building Systems BDT 193 million, Summit Alliance Port BDT 173 million, Central Pharmaceuticals BDT 164 million and Keya Cosmetics BDT 152 million.
The port city bourse – the Chittagong Stock Exchange – (CSE) also maintained the upward trend after two hours of trading as its Selective Category Index – CSCX – advancing 46.04 points to stand at 9234.05 points, also at 12:30pm.
Of the issues traded till then, 124 gained, 49 declined and 24 issues remained unchanged with BDT 223 million in turnover.