Bangladesh’s stocks witness upward trend at opening

Last updated: December 24, 2017

Retailers trade at Dhaka Stock Exchange office. BBN file photo

Dhaka, Bangladesh (BBN) - Bangladesh’s stocks witnessed upward trend in early hour of trading on Sunday as optimistic investors are active on sector-wise stocks ahead of year-closing.

Following the previous week’s correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened positive trend with low trading activities.

After first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 13 points while the CSE All Shares Price Index (CAPSI) of port city bourse rose 33 points at 10:45am when the report was filed.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the DSE, went up by 13.08 points or 0.21 per cent to reach at 6,196 points, when the report was filed at 10:45am.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips advanced 7.73 points or 0.35 percent to reach at 2,239 points.

The DSE Shariah Index (DSES) gained 4.84 points or 0.35 percent to stand at 1,371 points.

Turnover, the important indicator of the market, stood at BDT 429 million when the report was filed at 10:45am.

Of the issues traded till then, 71 advanced, 68 declined and 48 remained unchanged.

Nahee Alumium, which made debut today, was the most traded stocks till then with shares worth BDT 234 million changing hands, followed by National Tubes BDT 39 million, Lafarge Surma Cement BDT 33 million, Emerald Oil Industries BDT 25 million and Rupali Bank BDT 13 million.

CHITTAGONG STOCK EXCHANGE:

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with its All Shares Price Index, CAPSI – advancing 33 points to stand at 19,155, also at 10:45am.

The Selective Categories Index of the port city bourse also gained 21 points to reach at 11,579 points till then.

Of the issues traded till then, 11 gained, 14 declined and 4 issues remained unchanged with BDT 58 million in turnover.

BBN/SS/ANS

 

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