Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed upward trend in early hour of trading on Monday as investors are showing their spree on sector-wise issues.
Following the previous three days’ correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with rising trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 37 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 34 points at 10:45am when the report was filed.
DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE, went up by 37.12 points or 0.63 percent to reach at 5,838 points at 10:45am.
The DS30 index, comprising blue chips, advanced 11.11 points to stand at 2014 points. The DSE Shariah Index (DSES) also gained 6.02 points to reach at 1,317 points till then.
Turnover, the crucial indicator of the market, stood at BDT 924 million when the report was filed at 10:45am.
Of the issues traded till then, 175 advanced, 65 declined and 34 remained unchanged.
Bangladesh Submarine Cable Company was the most traded stocks till then with shares worth BDT 134 million changing hands, closely followed by, Bangladesh National Insurance, United Power and Meghna Petroleum.
CHITTAGONG STOCK EXCHANGE
The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 34 points to stand at 17,816, also at 10:45am.
The Selective Category Index – CSCX –also gained 20 points to stand at 10,774 points till then.
Of the issues traded till then, 49 gained, 22 declined and 06 issues remained unchanged with BDT 31 million in turnover.