Bangladesh’s stocks return positive at midday

Last updated: April 17, 2017

Retailers trade at Dhaka Stock Exchange office. BBN file photo

Dhaka, Bangladesh (BBN) - Bangladesh’s stocks returned to positive trend at midday on Monday as optimistic investors started to take position on lucrative stocks.
Following the previous eight sessions’ major correction, the key index of the country’s prime bourse fell 9.88 points within first 15 minutes of trading at 10:45am.
Since then it started rising and after 30 minutes of trading, the DSEX went up by 5.40 points, while the Selective Category Index of port city bourse rose 13 points when the report was filing at 11:00am.
At 12:00 noon, the DSEX rose 5.39 points while the Selective Category Index of port city bourse advanced 19 points when the report was filing.
DHAKA STOCK EXCHANGE:
After one and a half hours of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) stands at 5,598.20 points, advancing 5.39 points or 0.09 per cent when the report was filing at 12:00 noon.
The DS30 index, comprising blue chips gained 3.05 points or 0.15 per cent to reach at 2,075.10 points.
The DSE Shariah Index (DSES) advanced 0.92 points or 0.07 per cent to reach at 1,287.69 points.
Turnover, the crucial indicator of the market, stands at BDT 3.10 billion when the report was filed at 12:00 noon.
LankaBangla Finance dominated the turnover chart with shares worth BDT 410 million changing hands till then, closely followed by Brac Bank BDT 155 million, Doreen Power BDT 142 million, Central Pharmaceuticals BDT 140 million and Shahjibazar Power BDT 128 million.
Of the issues traded till then, 138 advanced, 111 declined and 49 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also returned to positive trend with its Selective Category Index – CSCX – advancing 19 points to stand at 10,520 points, also at 12:00 noon.
Of the issues traded till then, 79 gained, 63 declined and 16 issues remained unchanged with BDT 125 million in turnover.
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