Dhaka, Bangladesh (BBN) – Bangladesh’s stocks kept the early hour’s bullish momentum at midday on Wednesday as the optimistic investors went on buying spree.
After 15 minutes of trading, the DSE advanced 52.50 points, while the Selective Category Index of port city bourse rose 71 points within first 15 minutes of the day’s trading around 10:45am.
At 12:00 noon, DSEX advanced 71.60 points while the Selective Category Index of port city bourse advanced 120.72 points when the report was filing.
DSEX, the prime index of the Dhaka Stock Exchange (DSE) reached at 5, 463.70 points, advancing 71.60 points or 1.33 per cent when the report was filing at 12:00 noon.
The two other indices also edged higher.
The DS30 index, comprising blue chips advanced 19.04 points or 0.97 per cent to reach at 1, 986.30 points at 12:00 noon.
However, the DSE Shariah Index (DSES) added 12.376 points or 0.98 per cent to reach at 1, 273.45 points.
Turnover, the crucial indicator of the market, stands at BDT 3.69 billion when the report was filed at 12:00 noon riding on newly listed Central Pharmaceuticals.
Of the issues traded till then, 254 advanced, 37 declined and 14 issues remained unchanged on the DSE trading floor.
Central Pharmaceuticals Ltd dominated the turnover chart with shares worth BDT 263 million changing hands till then, followed by AFC Agro BDT 205 million, Islami Bank Ltd. BDT 152 million, IDLC Finance BDT 125 million, ACI Formulations Ltd BDT 119 million and million Appollo Ispat Complex Ltd BDT 101 million.
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till 12:00 noon as its Selective Category Index – CSCX –gaining 120.72 points to stand at 1, 0211.57 points, also at 12:01 noon.
Of the issues traded till then, 163 gained, 20 declined and 7 issues remained unchanged with BDT 176 million in turnover.