Bangladesh’s stocks open mixed trend Thursday

Last updated: May 10, 2018

BBN file photo

Dhaka, Bangladesh (BBN) - Bangladesh’s stocks witnessed mixed trend in early hour of trading on Thursday as investors followed cautious stance ahead of the holy month of Ramadan.

Following the previous six days’ correction, the Dhaka Stock Exchange (DSE) saw positive trend at opening while the Chittagong Stock Exchange (CSE) opened lower amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 3.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse fell 3.0 points at 10:45am when the report was filed.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the DSE, went up by 3.28 points or 0.05 percent to reach at 5,630 points at 10:45am.

The DSE Shariah Index (DSES) gained 1.66 points or 0.12 per cent to reach at 1,310 points till then.

However, the DS30 index, comprising blue chips, fell 2.62 points or 0.12 percent to reach at 2,083 points.

Turnover, the important indicator of the market, stood at BDT 615 million when the report was filed at 10:45am.

Of the issues traded till then, 127 advanced, 41 declined and 25 remained unchanged.

Dragon Sweater was the most traded stocks till then with shares worth BDT 109 million changing hands, closely followed by BBS Cables BDT 78 million, Doreen Power BDT 57 million, BSRM BDT 45 million and Western Marine Shipyard BDT 37 million.

CHITTAGONG STOCK EXCHANGE:

However, the port city’s bourse – the Chittagong Stock Exchange – (CSE) saw downward trend till then with CSE All Share Price Index – CASPI – losing 3.0 points to stand at 17,364, also at 10:45am.

The Selective Category Index – CSCX – also fell 2.0 points to stand at 10,488 points till then.

Of the issues traded till then, 18 gained, 6 declined and 7 issues remained unchanged with BDT 10 million in turnover.

BBN/SS/ANS

 

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