Dhaka, Bangladesh (BBN) – Bangladesh’s stocks kept the early hour’s upward trend at midday on Monday, as the optimistic investors continued their buying spree.
The market opened with a positive note and the key of the premier bourse rose 26 points within first 15 minutes of trading at 10:45am.
After 30 minutes of trading, the key index of the country’s prime bourse maintained its upturn, advancing 47 points to reach at 5,370 at 11:00am.
At 12:00 noon, DSEX rose 63.30 points while the Selective Category Index of port city bourse advanced 98.49 points when the report was filing.
After one and a half hours of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) reached at 5,386.18 points, soaring 63.30 points or 1.18 per cent when the report was filing at 12:00 noon.
The two other indices also saw upward trend.
The DS30 index, comprising blue chips rose 19.94 points or 1.02 per cent to reach at 1972.35 points at 12:00 noon.
The DSE Shariah Index (DSES) advanced 12.46 points or 0.99 per cent to reach at 1,261.83 points.
Turnover, the crucial indicator of the market, stands at BDT 2.30 billion when the report was filed at 12:00 noon riding on LankaBangla Finance and ACI Formulations.
Of the issues traded till then, 239 advanced, 43 declined and 19 issues remained unchanged on the DSE trading floor.
LankaBangla Finance dominated the turnover chart with shares worth BDT 210 million changing hands till then, followed by ACI Formulations BDT 130 million, Appollo Ispat BDT 120 million, Saif Powertec BDT 104 million and Islami Bank BDT 82 million.
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till 12:00 noon as its Selective Category Index – CSCX –jumping 98.49 points to stand at 10065.88 points, also at 12:00 noon.
Of the issues traded till then, 139 gained, 27 declined and 9 issues remained unchanged with BDT 140 million in turnover.