Bangladesh’s stocks open mixed

Last updated: October 23, 2016

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed mixed trend in early hour of trading on Sunday, the opening day of the week, as the investors closely followed earning declarations.

The Dhaka Stock Exchange (DSE) saw downward trend while Chittagong Stock Exchange (CSE) saw positive trend till the report was filed at 11am.

The key index of the DSE fell 1.38 points, while the Selective Category Index of port city bourse advanced 1.89 points within 30 minutes of the day’s trading at 11am.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 1.38 points or 0.03 percent to stand at 4,691.05 points, when the report was filed at 11am.

The two other indices also saw negative trend till then. The DS30 index, comprising blue chips, fell 1.81 points or 0.10 percent to reach at 1,746.42 points.

The DSE Shariah Index (DSES) lost 0.74 points or 0.06 percent to stand at 1,111.02 points.

DSE turnover stands at BDT 857 million when the report was filed at 11am, riding on Doreen Power Generations and Systems, which accounts for BDT258 million alone till then.

Of the issues traded till then, 126 advanced, 89 declined and 40 issues remained unchanged.

Doreen Power dominated the turnover chart following its dividend and earning declaration news with shares worth BDT 258 million changing hands till then, followed by IT Consultants BDT 44 million, Mozaffar Hossain Spinning Mills BDT 42 million, Hamid Fabrics BDT 30 million and Yeaning Polymer BDT 29 million.

CHITTAGONG STOCK EXCHANGE:

However, the port city bourse CSE saw positive trend till then with its Selective Category Index- CSCX–advancing 1.89 points to stand at 8,765.29 points, also at 11am.

Of the issues traded till then, 63 gained, 41 declined and 17 issues remained unchanged with a turnover value of BDT 57 million.

BBN/AD/SR

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