Bangladesh’s stocks open optimistic Thursday

Last updated: February 22, 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 Thursday as investors active on sector-wise stocks amid optimism.

Following the previous four sessions’ fall, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed positive trend 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 51 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 46 points at 10:45am when the report was filed.

DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE, went up by 52.46 points or 0.87 percent to reach at 5,960 points at 10:45am.

The two other indices also saw upturn till then. The DS30 index, comprising blue chips advanced 19 points or 0.88 percent to reach at 2,192 points.

The DSE Shariah Index (DSES) also gained 7.46 points or 0.54 percent to stand at 1,387 points till then.

Turnover, the important indicator of the market, stood at Tk 235 million when the report was filed at 10:45am.
Of the issues traded till then, 155 advanced, 16 declined and 11 remained unchanged.

Brac Bank was the most traded stocks till then with shares worth BDT 20 million changing hands, closely followed by Unique Hotel & Resorts BDT 16 million, Alif Industries BDT 15 million, CVO Petrochemicals BDT 14 million and Beximco Pharmaceuticals BDT 11 million.

CHITTAGONG STOCK EXCHANGE
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend with CSE All Share Price Index- CASPI- advancing 46 points to stand at 18,303, also at 10:45am.

The Selective Category Index – CSCX –also gained 28 points to stand at 11,046 points till then.

Of the issues traded till then, 24 gained, 3 declined and 3 issues remained unchanged with BDT 7.0 million in turnover.

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