Bangladesh’s stocks witness upward trend at opening

Last updated: February 6, 2018

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 Tuesday as optimistic investors showed their buying appetite on large-cap shares.

Following the previous five days’ falling trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed upturn in early trading amid low trading activities.

After first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 40 points while the CSE All Share Price Index (CAPSI) of port city’s bourse gained 32 points at 10:45am when the report was filed.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the DSE, went up by 40.42 points or 0.69 percent to reach at 5,910 points at 10:45am.

The two other indices also saw positive trend till then.

The DS30 index, comprising blue chips also advanced 17.66 points or 0.80 percent to reach at 2,209 points.

The DSE Shariah Index (DSES) gained 6.04 points or 0.44 percent to stand at 1,383 points till then.

Turnover, the important indicator of the market, stood at BDT 216 million when the report was filed at 10:45am.

Of the issues traded till then, 142 advanced, 19 declined and 13 remained unchanged.

LankaBangla Finance was the most traded stocks till then with shares worth BDT 49 million changing hands, closely followed by BD Finance BDT 25 million, Beximco Pharma BDT 13 million, Brac Bank BDT 11 million and Pharma Aids BDT 10 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 – gaining 32 points to stand at 18,162, also at 10:45am.

The Selective Category Index – CSCX – also advanced 21 points to stand at 10,973 points till then.

Of the issues traded till then, 23 gained, 3 declined and 6 issues remained unchanged with BDT 5.0 million in turnover.

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