Dhaka, Bangladesh (BBN) – Bangladesh’s stocks stayed upbeat at midday on Monday as investors continued their buying binge on sector-wise stocks.
Following the previous day’s correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened positive amid slow turnover activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 4.35 points while the Selective Category Index of port city bourse advanced 14 points at 10:45am.
After 30 minutes of trading, the DSEX advanced more than 5.0 points while the Selective Category Index of port city bourse rose 21 points at 11:00am.
After 90 minutes of trading, DSEX advanced 9.25 points while the Selective Category Index of port city bourse gained 37 points when the report was filed at 12noon.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE stands at 6,082 points, advancing 9.25 points or 0.15 percent at 12noon.
The two other indices also saw positive trend till then. The DS30 index, comprising blue chips, advanced 3.53 points or 0.16 per cent to reach at 2,202 points.
The DSE Shariah Index (DSES) gained 0.25 points or 0.02 per cent to reach at 1,324 points.
Turnover, the crucial indicator of the market, stands at BDT 2.83 billion, when the report was filed at 12noon.
Oimex Electrode, which made debut today, was the most traded stocks till then with shares worth BDT 542 million changing hands, followed by IFAD Autos BDT with 214 million, Brac Bank BDT 193 million, City Bank BDT 90 million and BBS Cables BDT 79 million.
Of the issues traded till then, 133 advanced, 128 declined and 50 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with its Selective Category Index – CSCX – gaining 37 points to stand at 11,422 points, also at 12noon.
Of the issues traded till then, 76 gained, 71 declined and 30 issues remained unchanged with BDT 267 million in turnover.