Dhaka, Bangladesh (BBN)- Bangladesh’s stocks kept the early hour’s upward momentum on Sunday, the maiden session of the year 2017, as optimistic investors continued on buying spree on sector specific stocks.
The market opened with an optimistic note in the morning with the key index of the major bourse gaining about 32 points to stand at 5,068 points within first 15 minutes of trading.
After 30 minutes of trading, DSEX, the prime index DSE reached to 5,077 points, soaring 41.38 points at 11:00am.
At 12:00 noon, the key index of the DSE stands at 5,071 points, gaining 34.88 points, while the Selective Category Index of port city bourse advanced 65.60 points.
After one and a half hours of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) reached at 5,070.93 points, jumping 34.88 points or 0.69 percent at 12:00 noon.
The two other indices also stay positive trend till then. The DS30 index, comprising blue chips advanced 9.77 points or 0.54 percent to reach at 1,820.69 points at 12:00 noon.
The DSE Shariah Index (DSES) also gained 4.52 points or 0.38 percent to reach at 1,196.37 points.
Turnover, the crucial indicator of the market, stands at BDT 3.50 billion when the report was filed at 12:00 noon.
Of the issues traded till then, 223 advanced, 57 declined and 33 issues remained unchanged on the DSE trading floor riding on IFAD Autos and National Bank.
IFAD Autos dominated the turnover chart with shares worth BDT 164 million changing hands till then, closely followed by National Bank BDT 156 million, GSP Finance BDT 103 million, Ratanpur Steels BDT 97 million and Doreen Power BDT 83 million.
The port city bourse – the Chittagong Stock Exchange – (CSE) also maintained the upward trend till 12:00 noon as its Selective Category Index – CSCX – gaining 65.70 points to stand at 9,435.62 points, also at 12:00 noon.
Of the issues traded till then, 150 gained, 35 declined and 18 issues remained unchanged with BDT 192 million in turnover.