Dhaka, Bangladesh (BBN) – Bangladesh’s stocks held the morning hour’s positive trend amid choppy trading on Monday as optimistic investors remained active on sector specific stocks.
The market opened with an optimistic note in the morning, gaining more than 32 points to reach at 4,970 points within first 30 minutes of trading.
The market saw some sale pressure in the next one hour and came down to 4,946 at 12 noon.
But, the market sentiments remain high after more than two hours of trading amid increased participation from investors.
The Dhaka Stock Exchange, the prime bourse of the country opened positive in the morning, advancing 32 points to reach at 4,970 points within first 30 minutes of the day’s trading at 11:00am.
After more than two hours of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) stands at 4,952.42 points, gaining 13.83 points or 0.28 percent at 12:45pm.
The DSE Shariah Index (DSES) also advanced 1.20 points or 0.09 percent to reach at 1,170.59 points.
However, the DS30 index, comprising blue chips fell 1.38 points or 0.08 percent to reach at 1,801.65 points at 12:45pm.
Turnover, the crucial indicator of the market, stands at BDT 5.82 billion when the report was filed at 12:45pm.
Of the issues traded till then, 164 advanced, 106 declined and 50 issues remained unchanged on the DSE trading floor riding on Bangladesh Building Systems and Saif Powertec.
Bangladesh Building Systems remained the most traded stocks with shares BDT 317 million changing hands, closely followed by Saif Powertec BDT 276 million, Square Pharma BDT 210 million, CMC Kamal BDT 206 million and IFAD Autos BDT 202 million till the report was filed at 12:45pm.
The port city bourse – the Chittagong Stock Exchange – (CSE) also maintained the upward trend after two hours of trading as its Selective Category Index – CSCX – advancing 22.38 points to stand at 9231.52 points, also at 12:45pm.
Of the issues traded till then, 118 gained, 90 declined and 22 issues remained unchanged with BDT 284 million in turnover.