Bangladesh’s stocks open the year on positive note

Last updated: January 1, 2019

Retailers trade at Dhaka Stock Exchange office. BBN file photo

Dhaka, Bangladesh (BBN)- The opening session of the Bangladesh’s stocks witnessed sharp gain in early hour of trading on Tuesday as optimistic investors are active on sector-wise issues.

After the national elections and last session days’ marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) open higher amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 43 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 86 points at 10:45am when the report was filed.

DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE, went up by 43.38 points or 0.80 percent to reach at 5,429 points at 10:45am.

The DS30 index, comprising blue chips, also gained 19 points to stand at 1,899 points. The DSE Shariah Index (DSES) advanced 9.35 points to reach at 1,243 points till then.

Turnover, the crucial indicator of the market, stood at BDT 661 million when the report was filed at 10:45am.

Of the issues traded till then, 179 advanced, 26 declined and 18 remained unchanged.

BBS Cables was the most traded stocks till then with shares worth BDT 119 million changing hands, closely followed by Beximco, IFAD Autos, Paramount textile and Khulna Power.

CHITTAGONG STOCK EXCHANGE
The port city’s bourse – the Chittagong Stock Exchange – (CSE) saw positive trend till then with CSE All Share Price Index- CASPI-advancing 86 points to stand at 16,535, also at 10:45am.

The Selective Category Index – CSCX –also gained 53 points to stand at 10,000 points till then.

Of the issues traded till then, 33 gained, 04 declined and 02 issues remained unchanged with BDT 20 million in turnover.

BBN/SSR/SR

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