Dhaka Stock Exchange

Bangladesh’s stocks stay positive at midday

Last updated: November 7, 2017
Dhaka Stock Exchange

BBN file photo

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

After crossing the 6,100-mark in the previous day, 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 more than 30 points while the Selective Category Index of port city bourse rose 37 points at 10:45am.

After 30 minutes of trading, the DSEX gained 21 points while the Selective Category Index of port city bourse rose 20 points at 11:00am.

After 90 minutes of trading, DSEX advanced more than 13 points while the Selective Category Index of port city bourse rose 18 points when the report was filed at 12noon.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the DSE stands at 6,118 points, losing 13.65 points or 0.22 percent at 12noon.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips, rose 2.48 points or 0.11 per cent to reach at 2,211 points.

The DSE Shariah Index (DSES) gained 1.42 points or 0.10 per cent to reach at 1,327 points.

Turnover, the crucial indicator of the market, stands at BDT 2.58 billion, when the report was filed at 12noon.

City Bank was the most traded stocks till then with shares worth BDT 224 million changing hands, closely followed by BBS Cables BDT with 194 million, IFAD Autos BDT 104 million, Shahjalal Bank BDT 100 million and MTB BDT 75 million.

Of the issues traded till then, 127 advanced, 112 declined and 73 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 18 points to stand at 11,470 points, also at 12noon.

Of the issues traded till then, 63 gained, 70 declined and 31 issues remained unchanged with BDT 104 million in turnover.

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