Dhaka, Bangladesh (BBN) – Bangladesh’s stocks maintained the upward trend at midday on Wednesday as the optimistic investors continued their buying appetite on selective large-cap stocks.
Following the previous day’s marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with increasing trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 37 points while the Selective Category Index of port city bourse gained 66 points at 10:45am.
After 30 minutes of trading, DSEX rose more than 39 points while the Selective Category Index of port city bourse gained 67 points at 11:00am.
After 90 minutes of trading, DSEX advanced more than 53 points, while the Selective Category Index of port city bourse gained 107 points when the report was filed at 12noon.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE stands at 6,195 points, gaining 53 points or 0.86 percent at 12noon.
Two other indices also saw upward trend till then.
The DS30 index, comprising blue chips rose 23 points or 1.03 percent to reach at 2,230 points.
The DSE Shariah Index (DSES) advanced 2.0 points or 0.14 percent to reach at 1,350 points.
Turnover, the crucial indicator of the market, stands at BDT 4.61 billion, when the report was filed at 12noon.
Brac Bank led the turnover chart with shares worth BDT 365 million changing hands, followed City Bank BDT 292 million, Uttara Bank BDT 274 million, LankaBangla Finance BDT 200 million and Islami Bank BDT 170 million.
Of the issues traded till then, 141 advanced, 131 declined and 44 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with its Selective Category Index – CSCX – advancing 107 points to stand at 11,651 points, also at 12noon.
Of the issues traded till then, 70 gained, 88 declined and 23 issues remained unchanged with BDT 187 million in turnover.