Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed positive trend in early hour of trading on Thursday amid volatility as investors active both sides of trading fence.
Both bourses – the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend till the report was filing at 10:45am.
After facing a major correction in the previous day, the key index of the DSE advanced 22 points within first five minutes of trading and next 5 minutes fell 27 points.
But it recovered the losses as the session progressed.
DSE key index advanced 16.44 points while the Selective Category Index of port city bourse rose 14.40 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 16.44 points or 0.29 per cent to stand at 5,637.72 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 6.46 points or 0.32 per cent to reach at 2,034.56 points.
The DSE Shariah Index (DSES) gained 5.45 points or 0.42 per cent to stand at 1,293.03 points.
Turnover, the important indicator of the market, stands at BDT 1.82 billion when the report was filed at 10:45 million, riding on Islami Bank and Jamuna Oil.
Of the issues traded till then, 134 advanced, 88 declined and 41 issues remained unchanged.
Islami Bank dominated the turnover chart with shares worth BDT 185 million changing hands till then, followed by Jamuna Oil Company BDT 120 million, Central Pharmaceuticals BDT 95 million, Aamra Technologies BDT 75 million and LankaBangla Finance BDT 70 million.
The port city bourse CSE also opened positive with its Selective Category Index – CSCX – advancing 14.40 points to stand at 10,586 points, also at 10:45am.
Of the issues traded till then, 58 gained, 45 declined and 12 issues remained unchanged with a turnover value of BDT 70 million.