Dhaka, Bangladesh (BBN) – Bangladesh’s stocks stayed in positive trend at midday on Wednesday as investors continued to show their buying appetite on sector-wise issues amid ongoing earnings and dividend declaration session.
Following the previous two days’ decline, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced nearly 28 points while the Selective Category Index of port city bourse advanced 29 points at 10:45am.
After first hour of trading, the DSE advanced 13.33 points while the Selective Category Index of port city bourse rose 17 points at 11:30am.
After 90 minutes of trading, DSEX gained 17.12 points while the Selective Category Index of port city bourse rose 20 points when the report was filed at 12noon.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE stands at 5,985 points, advancing 17.12 points or 0.28 percent at 12noon.
The two other indices also saw positive note till then. The DS30 index, comprising blue chips, advanced 3.35 points or 0.15 percent to reach at 2,177 points.
The DSE Shariah Index (DSES) also advanced 0.83 point to reach at 1,323 points.
Turnover, the crucial indicator of the market, stands at BDT 1.88 billion, when the report was filed at 12noon.
BBS Cables was the most traded stocks till then with shares worth BDT 185 million changing hands, closely followed by IFAD Autos BDT 166 million, LankaBangla Finance BDT 114 million, Brac Bank BDT 94 million and Aamra Networks BDT 74 million.
Of the issues traded till then, 179 advanced, 80 declined and 39 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with its Selective Category Index – CSCX – advancing 20 points to stand at 11,209 points, also at 12noon.
Of the issues traded till then, 79 gained, 42 declined and 26 issues remained unchanged with BDT 77 million in turnover.