Dhaka, Bangladesh (BBN) - Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw sharp gain in early hours of trading on Thursday, the first trading session of New Year.
Analysts said the Bangladesh Securities and Exchange Commission (BSEC) on Wednesday offered share netting facility for the same security and extended the deadline to provision un-realised losses of merchant banks and stock brokers, which encouraged the investors to take fresh position.
DSEX, the prime index of the DSE went up by 50.23 points or 1.03 percent to reach at 4,915.20 points after first 30 minutes of trade when the report was filed at 11am.
The other two indices saw upward trend. The DS30 index, comprising blue chips gained 21.10 points or 1.17 percent to reach at 1,824.17 points. The DSE Shariah Index (DSES) rose 12.79 points or 1.11 percent to stand at 1,163.01 points.
DSE turnover stands at BDT 246 million when the report was filed at 11am.
Of the issues traded till then, 144 advanced, 46 declined and 29 issues remain unchanged.
Lafarge Surma Cement was the most traded stocks with shares worth BDT 36.96 million changing hands till then followed by Agni Systems, Keya Cosmetics, NBL and AB Bank.
The port city bourse – the CSE also saw positive trend in early hours of trading with its Selective Category Index -- CSCX – gained 51.67 points to stand at 9,110.02 points, also at 11am.
Of the issues traded till then, 54 gained, 18 declined and 9 remained unchanged with a turnover value of BDT 25 million.
BBN/SSR/AD-01Jan15-12:05 pm (BST)