midday business round up

Bangladesh’s stocks open mixed trend

Last updated: March 16, 2016

Dhaka, Bangladesh (BBN)-Bangladesh’s stocks opened with a mixed trend in early hour of trading on Wednesday, the fourth trading 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 Dhaka Stock Exchange (DSE) earns 2.22 points, while the port city bourse, selective catagory index of Chittagong Stock Exchange (CSE) declines 14.85 points after 15 minutes of the day’s trading.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 2.22 points or 0.05 per cent to reach at 4,478.12 points, when the report was filed at 10:45am.
The DSE Shariah Index (DSES) also gained 2.58 points or 0.24 per cent to reach at 1,089.86 points.
However, the DS30 index, comprising blue chips, fell 1.37 points or 0.08 per cent to stand at 1,711.96 points.
DSE turnover stands at BDT 367 million when the report was filed at 10:45am.
Of the issues traded till then, 71 advanced, 33 declined and 35 issues remained unchanged.
Summit Power was the most traded stocks till then with shares BDT 53 million changing hands followed by UCB, AFC Agro, Alltex Industries and Olympic Accessories.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange (CSE), however, saw negative trend with its Selective Category Index- CSCX– falling 14.85 points to stand at 8,374.79 points, also at 10:45am.
Of the issues traded till then, 32 gained, 17 declined 13 issues remained unchanged with a turnover value of BDT 19 million.
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