Dhaka, Bangladesh (BBN) – Bangladesh’s stocks continued their positive movement after two hours of trading on Tuesday amid choppy trading, the third session of the week.
Brokers said the market witnessed some volatility as a group of investors booked profit while some rebalanced their portfolios ahead of budget announced to be on Thursday.
After first two hours of day’s trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE), stands at 4,639.49 points, gaining 16 points or 0.34 percent, when the report was filing at 12:30pm.
The DS30 index, comprising blue chips rose 8.75 points or 0.49 percent to reach at 1,774.71 points.
The DSE Shariah Index (DSES) advanced 5.95 points or 0.53 percent to stand at 1,124.70 points.
DSE turnover stands at BDT 3.86 billion after two hours trading when the report was filed at 12:30pm.
Of the issues traded till then, 117 advanced, 121 declined and 55 issues remained unchanged.
Summit Power was the most traded stocks with shares worth BDT 418 million changing hands till then followed by KPCL, Shasha Denim, BSCCL and Saif Powertec.
The port city bourse – the CSE also saw positive trend with its Selective Category Index – CSCX – gained 42 points to stand at 8,711.80 points, also at 12:30pm.
Of the issues traded till then, 86 gained, 75 declined and 25 issues remained unchanged with a turnover value of BDT 288 million.