Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed upward trend in early hour of trading on Thursday as optimistic investors went on buying spree on sector specific large-cap stocks.
After previous day’s major correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher.
After first 15 minutes of trading, the key index of the country’s prime bourse rose 19 points while the Selective Category Index of port city bourse advanced 9.0 points at 10:45am when the report was filed.
DSEX, the prime index of the DSE, went up by 19.28 points or 0.33 percent to reach at 5,810 points, when the report was filed at 10:45am.
The two other induces also saw upward trend till then. The DS30 index, comprising blue chips rose 8.36 points or 0.39 per cent to 2,125 points.
The DSE Shariah Index (DSES) advanced 6.53 points or 0.49 percent to stand at 1,323 points.
Turnover, the important indicator of the market, stood at Tk 638 billion when the report was filed at 10:45am.
Of the issues traded till then, 117 advanced, 30 declined and 48 remained unchanged.
GrameenPhone was the most traded stocks till then with shares worth BDT 140 million changing hands, closely followed Keya Cosmetics BDT 127 million, Generation Next Fashions BDT 83 million, Islami Bank BDT 57 million and Zaheen Spinning BDT 38 million.
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend with its Selective Category Index – CSCX – advancing 9.15 points to stand at 10,861 points, also at 10:45am.
Of the issues traded till then, 29 gained, 28 declined and 12 issues remained unchanged with BDT 26 million in turnover.