Dhaka, Bangladesh (BBN) – Bangladesh’s stocks stayed upbeat at midday on Thursday as optimistic investors continued their buying binge on sector-wise large-cap stocks.
Following the previous day’s sharp gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher, amid slow turnover 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 rose 26 points at 10:45am.
After first hour of trading, the DSEX rose more than 41 points while the Selective Category Index of port city bourse rose 61 points at 11:30am.
After 90 minutes of trading, DSEX rose more than 30 points while the Selective Category Index of port city bourse advanced points 57 points when the report was filed at 12noon.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE stands at 6,103 points, advancing 30.60 points or 0.50 percent at 12noon.
The two other indices also saw upward trend till then. The DS30 index, comprising blue chips, rose 11.20 points or 0.51 per cent to reach at 2,200 points.
The DSE Shariah Index (DSES) gained 5.47 points or 0.41 per cent to reach at 1,327 points.
Turnover, the crucial indicator of the market, stands at BDT 2.50 billion, when the report was filed at 12noon.
UCB was the most traded stocks till then with shares worth BDT 150 million changing hands, closely followed by Exim Bank BDT with 98 million, Keya Cosmetics BDT 90 million, Power Grid BDT 84 million and City Bank BDT 80 million.
Of the issues traded till then, 174 advanced, 76 declined and 55 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 – advancing 57 points to stand at 11,449 points, also at 12noon.
Of the issues traded till then, 117 gained, 37 declined and 32 issues remained unchanged with BDT 165 million in turnover.