Dhaka, Bangladesh (BBN)-Bangladesh’s stocks kept the early hour’s upward momentum on Monday as optimistic investors remained active on sector specific stocks.
The market opened with an optimistic note in the morning with the key index of the major bourse gaining more than 15 points to stand at 4,972 points within first 15 minutes of trading.
After 30 minutes of trading, DSEX reached at 4,979, advancing nearly 23 points or 0.45 per cent at 11:00am.
After two hours of trading at 12:30pm, the market maintained the upward movement with the key index of the DSE advanced 21.38 points, while the Selective Category Index of port city bourse rose 23.44 points.
After two hours of trading, DSEX, the prime index of the Dhaka Stock Exchange reached at 4,978.12 points, advancing 21.38 points or 0.43 percent at 12:30pm.
The two other indices also stay positive trend till then. The DS30 index, comprising blue chips advanced 0.76 points or 0.04 percent to reach at 1,797.41 points at 12:30pm.
The DSE Shariah Index (DSES) also soared 4.13 points or 0.35 percent to reach at 1,179.99 points.
Turnover, the crucial indicator of the market, stands at BDT 5.62 billion when the report was filed at 12:30pm.
Of the issues traded till then, 203 advanced, 84 declined and 33 issues remained unchanged on the DSE trading floor riding on Olympic Accessories and peninsula Chittagong.
Olympic Accessories dominated the turnover chart with shares worth BDT 225 million changing hands till then, followed by The Peninsula Chittagong BDT 215 million, Bangladesh Building Systems BDT 206 million, Central Pharma BDT 186 million and Keya Cosmetics BDT 183 million.
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 23.44 points to stand at 9274.44 points, also at 12:30pm.
Of the issues traded till then, 145 gained, 52 declined and 20 issues remained unchanged with BDT 304 million in turnover.