midday business round up

Bangladesh’s stocks open mix trend

Last updated: May 11, 2016

Dhaka, Bangladesh (BBN)-Bangladesh’s stocks witnessed mixed trend in early hour of trading on Wednesday amid marginal volatility, the fourth session of the week.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, experienced mixed trend.
The key index of the Dhaka Stock Exchange (DSE) declined 2.92 points, while the Chittagong Stock Exchange (CSE) earned 7.13 points within 15 minutes of the day’s trading.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 2.92 points or 0.06 per cent to stand at 4,327.39 points, when the report was filed at 10:45am.
The DS30 index, comprising blue chips, fell 1.78 points or 0.10 per cent to reach at 1,679.29 points.
However, the DSE Shariah Index (DSES) saw a fractional gain of 0.57 point or 0.05 per cent to reach at 1,066.77 points.
DSE turnover stands at only BDT 214 million when the report was filed at 10:45am.
Of the issues traded till then, 82 advanced, 50 declined and 31 issues remained unchanged.
Doreen Power Generations and Systems dominated the turnover chart with shares worth BDT 21 million changing hands, followed by BSRM Steels, Far East Knitting and Dying, United Power and BSRM Steels.
CHITTAGONG STOCK EXCHANGE:
The port city bourse, however, saw positive trend at opening with its Selective Category Index- CSCX– advancing 7.13 points to stand at 8,098.90 points, also at 10:45am.
Of the issues traded till then, 22 gained, 11 declined 8 issues remained unchanged with a turnover value of BDT 8.0 million.
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