Bangladesh’s stocks witness upward trend at opening

Last updated: November 22, 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 Wednesday as investors are active on sector-wise stocks.

Following the previous day’s marginal correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 29 points while the All Shares Price Index of port city bourse rose 64 points at 10:15am when the report was filed.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the DSE, went up by 29.56 points or 0.47 percent to stand at 6,312 points at 10:15am.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips advanced 10.12 points or 0.45percent to 2,279 points.

The DSE Shariah Index (DSES) advanced 8.35 points or 0.60 percent to stand at 1,390 points.

Turnover, the important indicator of the market, stood at BDT 816 million when the report was filed at 10:15am.

Of the issues traded till then, 153 advanced, 33 declined and 26 remained unchanged.

Grameenphone (GP) emerged as turnover leader with shares worth BDT 70 million changing hands, followed by AB Bank BDT 56 million, Dhaka Bank BDT 45 million, United Power BDT 38 million and CMC Kamal BDT 34 million.

CHITTAGONG STOCK EXCHANGE:

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then trend with its All Share Price Index (CAPSI) – advancing 64 points to stand at 19,6503 points, also at 10:15am.

The Selective Categories Index – CSCX – of the port city bourse also gained 39 points to reach at 11,804 points.

Of the issues traded till then, 41 gained, 13 declined and 11 issues remained unchanged with BDT 15 million in turnover.

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