Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed upward trend in early hour of trading on Monday, maintaining the previous day’s upturn, as investors remained active on large-cap stocks.
Both bourses – the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend till the report was filing at 10:45am.
After crossing the 5,600-mark in the previous day, the key index of the DSE rose 49.02 points while the Selective Category Index of port city bourse advanced 63.43 points within first 15 minutes of the day’s trading at 10:45am.
DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), went up by 40.02 points or 0.87 per cent to stand at 5,651.86 points, when the report was filed at 10:45am.
The two other indices also saw upward trend.
The DS30 index, comprising blue chips, rose 11.40 points or 0.56 per cent to reach at 2,023.12 points.
The DSE Shariah Index (DSES) advanced 6.88 points or 0.53 per cent to stand at 1,293.30 points.
Turnover, the important indicator of the market, stands at BDT 1.60 billion when the report was filed at 10:45 million, riding on Paramount Textile.
Of the issues traded till then, 186 advanced, 40 declined and 16 issues remained unchanged.
Paramount Textile dominated the turnover chart with shares worth BDT 120 million changing hands till then, followed by Baraka Power BDT 68 million, C & A Textile BDT 60 million, AB Bank BDT 59 million and LankaBangla Finance BDT 52 million.
The port city bourse CSE also opened with a flying note with its Selective Category Index – CSCX – advancing 63.43 points to stand at 10,569.51 points, also at 10:45am.
Of the issues traded till then, 73 gained, 17 declined and 7 issues remained unchanged with a turnover value of BDT 62 million.