Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed upward trend in early hour of trading on Monday, the second session of the week, as optimistic investors continued on buying spree.
Both bourses – the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) – saw positive trend till filed the report around 11:30am.
The key index of the DSE advanced 20.97 points, while the Selective Category Index of port city bourse gained 32.87 points within first one hour of the day’s trading at 11:30am.
The prime index of the Dhaka Stock Exchange (DSE), DSEX, went up by 20.97 points or 0.42 percent to stand at 4,959.56 points, when the report was filed at 11:33am.
The two other indices also saw upward trend.
The DS30 index, comprising blue chips, jumped 2.34 points or 0.16 percent to reach at 1,805.87 points.
The DSE Shariah Index (DSES) rose 2.91 points or 0.25 percent to stand at 1,172.38 points.
Turnover, the important indicator of the market, stands at BDT 3.67 billion when the report was filed at 11:33am.
Of the issues traded till then, 179 advanced, 81 declined and 42 issues remained unchanged.
SAIF Powertec Limited dominated the turnover chart with shares worth BDT 224 million changing hands till then, followed by Bangladesh Building Systems Ltd, CMC Kamal Textile Mills Ltd, Ifad Autos, Active Fine Chemicals Limited and GPH Ispat Ltd.
The port city bourse CSE also saw upward trend till then with its Selective Category Index – CSCX – advancing 32.87 points to stand at 9,242.01 points, also at 11:30am.
Of the issues traded till then, 98 gained, 41 declined and 25 issues remained unchanged with a turnover value of BDT 128.15 million.