Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed sharp rise in early hour of trading on Wednesday, the fourth session of the week, maintaining the previous day’s upward movement.
Both bourses – the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) – saw upward trend till filed the report at 10:45am.
The key index of the DSE advanced 21.14 points, while the Selective Category Index of port city bourse gained 16.65 points within first 15 minutes of the day’s trading at 10:45am.
DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), went up by 21.14 points or 0.41 percent to stand at 5,158.88 points, when the report was filed at 10:45am.
The two other indices also saw upward trend. The DS30 index, comprising blue chips, rose 3.96 points or 0.21 percent to reach at 1,856.62 points.
The DSE Shariah Index (DSES) gained 5.34 points or 0.44 percent to stand at 1,218.58 points.
Turnover, the important indicator of the market, stands at BDT 1.19 billion when the report was filed at 10:45 million, riding on DESCO and Beximco.
Of the issues traded till then, 153 advanced, 53 declined and 31 issues remained unchanged.
DESCO dominated the turnover chart with shares worth BDT 117 million changing hands till then, closely followed by Beximco BDT 85 million, Central Pharmaceuticals BDT 49 million, National Tubes BDT 45 million and Far Chemical BDT 44 million.
The port city bourse CSE also saw upward trend till then with its Selective Category Index – CSCX – advancing 16.65 points to stand at 9,588.85 points, also at 10:45am.
Of the issues traded till then, 50 gained, 23 declined and 10 issues remained unchanged with a turnover value of BDT 38 million.