Bangladesh’s stocks open optimistic

Last updated: March 29, 2017

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed upward trend in early hour of trading on Wednesday as the optimistic investors continued their buying spree on sector specific stocks.

Maintaining the previous day’s gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher in early trading.
After 15 minutes of trading, the key index of the country’s prime bourse advanced 31 points while the Selective Category Index of port city bourse rose 36 points when the report was filing at 10:45am.
DHAKA STOCK EXCHANGE:
DSEX, the benchmark index of the DSE, went up by 31.06 points or 0.54 per cent to stand at 5,768.48 points, when the report was filed at 10:45am.
The two other indices also saw positive trend.
The DS30 index, comprising blue chips, advanced 13.20 points or 0.63 per cent to reach at 2,108.39 points.
The DSE Shariah Index (DSES) gained 2.65 points or 0.20 per cent to stand at 1,300.04 points till then.
Turnover, the important indicator of the market, stands at BDT 935 million when the report was filed at 10:45 million.
City Bank dominated the turnover chart with shares worth BDT 112 million changing hands till then, followed by LankaBangla Finance BDT 69 million, Al-Arafa Islami Bank BDT 68 million, AB Bank BDT 53 million and IDLC Finance BDT 42 million.
Of the issues traded till then, 126 advanced, 38 declined and 33 issues remained unchanged.
CHITTAGONG STOCK EXCHANGE:
The port city bourse CSE also saw upward trend till then with its Selective Category Index - CSCX – advancing 36.60 points to stand at 10,824 points, also at 10:45am.
Of the issues traded till then, 45 gained, 7 declined and 9 issues remained unchanged with a turnover value of BDT 36 million.
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