Bangladesh’s stocks open optimistic

Last updated: October 18, 2016

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed upward trend in early hour of trading on Tuesday after witnessing mild correction in the previous day.

Both bourses – the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend till 10:45am.

The key index of the DSE advanced 11.03 points, while the Selective Category Index of port city bourse gained 11.06 points within 15 minutes of the day’s trading at 10:45am.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 11.03 points or 0.23 percent to stand at 4,703.98 points, when the report was filed at 10:45am.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips, advanced 4.08 points or 0.24 percent to reach at 1,758.71 points.

The DSE Shariah Index (DSES) gained 2.15 points or 0.19 percent to stand at 1,118.28 points.

DSE turnover stands at BDT 408 million when the report was filed at 10:45am, riding on the Power Grid Company.

Of the issues traded till then, 120 advanced, 42 declined and 36 issues remained unchanged.

Power Grid Company dominated the turnover chart with shares worth BDT 53 million changing hands till then, followed by Global Heavy Chemical, Doreen Power, GSP Finance and IT Consultants.

CHITTAGONG STOCK EXCHANGE:

The port city bourse CSE also saw upward trend till then with its Selective Category Index- CSCX–gaining 11.06 points to stand at 8,768.56 points, also at 10:45am.

Of the issues traded till then, 47 gained, 12 declined and 8 issues remained unchanged with a turnover value of BDT 19 million.

BBN/AD/SR

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