Bangladesh’s stocks open with optimistic mood

Last updated: March 4, 2013

Dhaka, Bangladesh (BBN): The prices of most stocks on the both bourses---Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed rising trend in the early hours on Monday after sharp decline on Sunday amid countrywide second day hartal enforced by Bangladesh Jamaat-e-Islami.

The benchmark Index of the Dhaka Stock Exchange (DSEX) went up 66 points within first 30 minutes of trading to stand at 3,915 points at 11am when the report was filed.

Of the issues traded then, 141 advanced, 11 declined and 7 remained unchanged.

Turnover on the premier bourse and stood at BDT 438 million till the report was filed at 11am.

Newly Listed Golden Harvest Agro Industries topped the turnover chart with shares worth BDT 200 million changing hands till then. Premier Cement and Summit Purbanchol Power were next popular stocks.

The Chittagong Stock Exchange (CSE) also opened with a positive trend and the Selective Category Index of the CSE gained 116 points to stand at 7,627 points also at 11am.

Of the issues traded then, 80 advanced, 5 declined and 7 remained unchanged.

On Sunday, the bourses-witnessed 13-month steepest fall amid panic sell following prevailing political turmoil across the country.

BBN/BB/AD/03Mar-13-11.10am (BST).

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