Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed upward trend in early hour of trading on Thursday as optimistic investors are active on sector specific stocks.
Following the previous day’s moderate correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend at opening amid low participation of investors.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 16 points while the Selective Category Index of port city bourse rose 39 points at 10:15am when the report was filed.
DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE, went up by 16.37 points or 0.28 percent to stand at 5,899 points, at 10:15am.
The two other indices also saw positive trend till then. The DS30 index, comprising blue chips advanced 6.25 points or 0.29 per cent to reach at 2,119 points.
The DSE Shariah Index (DSES) advanced 3.98 points or 0.31 percent to stand at 1,308 points.
Turnover, the important indicator of the market, stood at Tk 722 million when the report was filed at 10:15am.
Of the issues traded till then, 139 advanced, 33 declined and 42 remained unchanged.
BBS Cables emerged as turnover leader with shares worth BDT 115 million changing hands, followed by Salvo Chemicals BDT 72 million, Mercantile Bank BDT 43 million, Uttara Bank BDT 27 million and Fortune Shoes BDT 23 million.
CHITTAGONG STOCK EXCHANGE
The port city bourse – the Chittagong Stock Exchange – (CSE) saw upward trend till then trend with its Selective Category Index – CSCX – advancing 19 points to stand at 11,061 points, also at 10:15am.
Of the issues traded till then, 28 gained, 13 declined and 7 issues remained unchanged with BDT 39 million in turnover.