BBN file photo
Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed upward trend in early trading on Thursday as optimistic investors continued their buying spree on sector specific stocks on budget day.
Bangladesh’s Finance Minister AMA Muhith is set to unveil the national budget for the fiscal year (FY) 2017-18 today at 1:30pm.
Following the previous two days’ positive trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher.
After 30 minutes of trading, the key index of the country’s prime bourse advanced 13 points while the Selective Category Index of port city bourse rose 22 points when the report was filing at 10:30am.
DHAKA STOCK EXCHANGE:
DSEX, the benchmark index of the DSE, went up by 13 points or 0.24 percent to stand at 5,416 points, when the report was filed at 10:30am.
The DS30 index, comprising blue chips, advanced 6.79 points or 0.34 percent to reach at 2012 points.
The DSE Shariah Index (DSES) also advanced 1.75 points or 14 percent to stand at 1,253 points till then.
Turnover, the important indicator of the market, stands at BDT 585 million when the report was filed at 10:30am.
Newly listed Nurani Dyeing led the turnover chart with shares worth BDT 145 million changing hands till then, closely followed by LankaBangla Finance BDT 66 million, Bangladesh Shipping Corporation BDT 51 million, BDCOM Online BDT 38 million and IFAD Autos BDT 34 million.
Of the issues traded till then, 95 advanced, 70 declined and 50 issues remained unchanged.
CHITTAGONG STOCK EXCHANGE:
The port city bourse CSE also saw positive trend in early trading with its Selective Category Index – CSCX – advancing 22 points to stand at 10,151 points, also at 10:30am.
Of the issues traded till then, 39 gained, 18 declined and 5 issues remained unchanged with a turnover value of BDT 48 million.
BBN/SS/ANS
