Bangladesh’s stocks open higher

Last updated: April 4, 2017

Dhaka, Bangladesh (BBN) - Bangladesh’s stocks witnessed upward trend in early trading on Tuesday as optimistic investors continued their buying spree on some large-cap stocks.
Following the previous day’s upturn, both bourses -- the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid optimism.
After 15 minutes of trading, the key index of the country’s prime bourse advanced nearly 38 points while the Selective Category Index of port city bourse rose 74 points when the report was filing at 10:45am.
DHAKA STOCK EXCHANGE:
DSEX, the benchmark index of the DSE, went up by 37.94 points or 0.66 per cent to stand at 5,777.28 points, when the report was filed at 10:45am.
The two other indices also saw upward trend.
The DS30 index, comprising blue chips, advanced 19.85 points or 0.93 per cent to reach at 2,135.84 points.
The DSE Shariah Index (DSES) rose 5.85 points or 0.44 per cent to stand at 1,325.86 points till then.
Turnover, the important indicator of the market, stands at BDT 584 million when the report was filed at 10:45 million riding on City Bank and LankaBangla Finance.
City Bank dominated the turnover chart with shares worth BDT 75 million changing hands till then, closely followed by LankaBangla Finance BDT 62 million, Lafarge Surma Cement BDT 36 million, Square Pharma BDT 26 million and Brac Bank BDT 24 million.
Of the issues traded till then, 131 advanced, 22 declined and 27 issues remained unchanged.
CHITTAGONG STOCK EXCHANGE:
The port city bourse CSE also saw upward trend with its Selective Category Index - CSCX – gaining 73.58 points to stand at 10,865 points, also at 10:45am.
Of the issues traded till then, 46 gained, 9 declined and 7 issues remained unchanged with a turnover value of BDT 36 million.
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