Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed upward trend in early trading on Monday as optimistic investors took position on lucrative large-cap shares.
Following the previous day’s correction, both bourses — the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid slow turnover.
After 15 minutes of trading, the key index of the country’s prime bourse advanced 27 points while the Selective Category Index of port city bourse rose 46 points when the report was filing at 10:45am.
DSEX, the benchmark index of the DSE, went up by 27.06 points or 0.47 per cent to stand at 5,718.43 points, when the report was filed at 10:45am.
The two other indices also saw upward trend.
The DS30 index, comprising blue chips, advanced 10.64 points or 0.51 per cent to reach at 2,094.55 points.
The DSE Shariah Index (DSES) rose 6.97 points or 0.53 per cent to stand at 1,308.65 points till then.
Turnover, the important indicator of the market, stands at BDT 462 million when the report was filed at 10:45 million.
Doreen Power dominated the turnover chart with shares worth BDT 69 million changing hands till then, closely followed by LankaBangla Finance BDT 65 million, IFAD Autos BDT 45 million, Al-Haj Textile BDT 31 million and ACME Laboratories BDT 30 million.
Of the issues traded till then, 130 advanced, 26 declined and 29 issues remained unchanged.
The port city bourse CSE also saw upward trend with its Selective Category Index – CSCX – gaining 46 points to stand at 10,735 points, also at 10:45am.
Of the issues traded till then, 46 gained, 8 declined and 8 issues remained unchanged with a turnover value of BDT 18 million.