Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed upward trend in early hour of trading on Sunday as investors took position on large-cap stocks.
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 witnessing volatility in the last two days, the key index of the DSE rose 31.73 points while the Selective Category Index of port city bourse jumped 82.19 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 31.73 points or 0.57 per cent to stand at 5,565.79 points, when the report was filed at 10:45am.
The two other indices also saw upward trend.
The DS30 index, comprising blue chips, soared 20.38 points or 1.02 per cent to reach at 2,004.08 points.
The DSE Shariah Index (DSES) rose 8.74 points or 0.68 per cent to stand at 1,284.28 points.
Turnover, the important indicator of the market, stands at BDT 1.58 billion when the report was filed at 10:45 million, riding on Baraka Power and Beximco.
Of the issues traded till then, 199 advanced, 30 declined and 10 issues remained unchanged.
Baraka Power dominated the turnover chart with shares worth BDT 97 million changing hands till then, closely followed by Beximco BDT 87 million, IFAD Autos BDT 68 million, Bangladesh Shipping Corporation BDT 62 million and unique Hotel and Resorts BDT 58 million.
The port city bourse CSE also open flying note with its Selective Category Index – CSCX – advancing 82.19 points to stand at 10,368.77 points, also at 10:45am.
Of the issues traded till then, 79 gained, 18 declined and 5 issues remained unchanged with a turnover value of BDT 62 million.