Bangladesh’s stocks keep upbeat at midday

Last updated: March 14, 2017

Dhaka, Bangladesh (BBN) - Bangladesh’s stocks stayed early hour’s upward trend at midday on Tuesday as the optimistic investors remained active on sector specific shares, especially banks.
After previous day’s mild correction, the market opened with upward trend and the key index of the Dhaka Stock Exchange (DSE) advanced 23 points to reach at 5,683 points at 10:45am.
After 30 minutes of trading, the key index of the country’s major bourse advanced 28 points to reach at 5,688 points while the Selective Category Index of port city bourse rose 60 points at 11:00am.
At 12:00 noon, the DSEX went up by 29.20 points while the Selective Category Index of port city bourse advanced 61.70 points when the report was filing.
DHAKA STOCK EXCHANGE:
After one and a half hours of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) stands at 5,688.92, advancing 29.20 points or 0.52 per cent when the report was filing at 12:00 noon.
The two other indices also saw positive trend till then.
The DS30 index, comprising blue chips gained 5.66 points or 0.28 per cent to reach at 2,049.05 points.
The DSE Shariah Index (DSES) advanced 3.22 points or 0.25 per cent to reach at 1,310.50 points.
Turnover, the crucial indicator of the market, stands at BDT 3.95 billion when the report was filed at 12:00 noon riding on Active Fine Chemicals and IFIC Bank.
Active Fine dominated the turnover chart with shares worth BDT 210 million changing hands till then, followed by IFIC Bank BDT 169 million, First Security Islami Bank BDT 148 million, LankaBangla Finance BDT 143 million       and City Bank BDT 124 million.
Of the issues traded till then, 143 advanced, 111 declined and 46 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also keep upbeat trend as its Selective Category Index – CSCX – gaining 61.70 points to stand at 10,701 points, also at 12:00 noon.
Of the issues traded till then, 97 gained, 73 declined and 25 issues remained unchanged with BDT 210 million in turnover.
BBN/SK/AD

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram