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 Wednesday as investors are taking position on some selective issues amid ongoing earnings and dividend declaration session.
Following the previous two days’ decline, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid low trading activities.
After first 15 minutes of trading, the key index of the country’s prime bourse advanced nearly 28 points while the Selective Category Index of port city bourse increased 29 points at 10:45am when the report was filed.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE, went up by 27.69 points or 0.46 percent to reach at 5,996 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 also advanced 12 points or 0.55 percent to reach at 2,185 points.
The DSE Shariah Index (DSES) gained 5.86 points or 0.44 percent to stand at 1,327 points.
Turnover, the important indicator of the market, stood at BDT 506 million when the report was filed at 10:45am.
Of the issues traded till then, 132 advanced, 32 declined and 42 remained unchanged.
BBS Cables was the most traded stocks till then with shares worth BDT 120 million changing hands, followed by Brac Bank BDT 37 million, Monno Ceramic BDT 31 million, Aamra Networks BDT 25 million and Safko Spinning BDT 23 million.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with its Selective Category Index – CSCX –advancing 29 points to stand at 11,219 points, also at 10:45am.
Of the issues traded till then, 35 gained, 9 declined and 3 issues remained unchanged with BDT 15 million in turnover.
BBN/SS/AD