Bangladesh’s stocks witness positive trend at opening

Last updated: March 22, 2018

Retailers trade at Dhaka Stock Exchange office. BBN file photo

Dhaka, Bangladesh (BBN) - Bangladesh’s stocks witnessed positive trend in early hour of trading on Thursday as optimistic investors went on buying binge on sector-wise stocks.

Following the previous three days’ declining trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) started the day on upward trend amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 23 points while the CSE All Share Price Index (CAPSI) of port city’s bourse gained 42 points at 10:45am when the report was filed.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the DSE, went up by 23.54 points or 0.42 percent to reach at 5,595 points at 10:45am.

The two other indices also saw upward trend till then. The DS30 index, comprising blue chips also advanced 6.80 points or 0.32 percent to reach at 2,091 points.

The DSE Shariah Index (DSES) gained 4.66 points or 0.35 percent to stand at 1,327 points till then.

Turnover, the important indicator of the market, stood at BDT 195 million when the report was filed at 10:45am.

Of the issues traded till then, 153 advanced, 26 declined and 21 remained unchanged.

Square Pharmaceuticals was the most traded stocks till then with shares worth BDT 17 million changing hands, closely followed by Wata Chemicals BDT 16 million, Lafarge-Holcim BDT 15 million, Unique Hotel BDT 13 million and Salvo Chemicals BDT 9.0 million.

CHITTAGONG STOCK EXCHANGE:

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index – CAPSI – advancing 42 points to stand at 17,279, also at 10:45am.

The Selective Category Index – CSCX – also gained 26 points to stand at 10,437 points till then.

Of the issues traded till then, 27 gained, 6 declined and 2 issues remained unchanged with BDT 7.0 million in turnover.

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