midday business round up

Bangladesh’s stocks optimistic at midday

Last updated: March 7, 2016

Dhaka, Bangladesh (BBN)-Bangladesh’s stocks continued its upward trend after witnessing early hour on Monday, the second trading session of the week.
Both the Dhaka Stock Exchange (DSE), the prime bourse of Bangladesh, and Chittagong Stock Exchange (CSE), the port city bourse of the country, opened with a positive note when the market opened at 10:30am.
The key index of Dhaka Stock Exchange (DSE) advanced 5.17 points while the port city bourse, selective category index of Chittagong Stock Exchange (CSE) earned 14.48 points around 12:00pm.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 5.17 points or 0.12 per cent to reach at 4,440.64 points, when the report was filed at 12:34pm.
While the DS30 index, comprising blue chips, went down 1.11 points or 0.07 per cent to stand at 1,702.67 points.
The DSE Shariah Index (DSES) also lost 0.09 points or 0.01 per cent to stand at 1,078.77 points.
DSE turnover stands at BDT 145 million when the report was filed at 12:34pm.
Of the issues traded till then, 145 advanced, 93 declined and 53 issues remained unchanged.
Quasem Drycells was the most traded stocks till then with shares BDT 132 million changing hands followed by Orion Pharma, BSRM, Malek Spinning, LankaBangla Finance and Summit Power.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange (CSE) also saw positive trend with its Selective Category Index- CSCX– gaining 14.48 points to stand at 8,335.09 points, also at 12:30pm.
Of the issues traded till then, 97 gained, 52 declined 31 issues remained unchanged with a turnover value of BDT 74 million.
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