Bangladesh’s stocks stay in positive trend at midday

Last updated: November 14, 2018

Retailers trade at Dhaka Stock Exchange office. BBN file photo

Dhaka, Bangladesh (BBN) - Bangladesh’s stocks stayed in the positive trend at midday on Wednesday as investors continued their buying spree on sector-wise stocks.

Following the previous day’s slight gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed marginally higher with rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse gained more than 14 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 4.0 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 17 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 9.0 points at 11:00am.

After 90 minutes of trading, DSEX advanced more than 3.0 points while the CSE All Shares Price Index rose 36 points at 12noon, when the report was filed.

DHAKA STOCK EXCHANGE

DSEX, the prime index of the DSE stands at 5,262 points, gaining 3.59 points or 0.06 percent at 12noon.

However, two other indices saw negative trend till then. The DS30 index, comprising blue chips, fell 3.05 points to reach at 1,863 points.

The DSE Shariah Index (DSES) lost 1.25 points to stand at 1,211 points till then.

Turnover, the crucial indicator of the market, stands at BDT 2.70 billion when the report was filed at 12noon.

United Power was the most traded stocks till then with shares worth BDT 217 million changing hands, closely followed by Monno Ceramic, Shepherd Industries, SK Trims and Kattali Textile.

Of the issues traded till then, 159 advanced, 96 declined and 63 issues remained unchanged on the DSE trading floor.

CHITTAGONG STOCK EXCHANGE

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw positive trend till then with CSE All Shares Price Index of port city’s bourse – advancing 36 points to stand at 16,113 points, also at 12noon.

The Selective Categories Index of the port city bourse also rose 21 points to reach at 9,760 points till then.

Of the issues traded till then, 90 gained, 41 declined and 24 issues remained unchanged with BDT 95 million in turnover.

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