Bangladesh’s stocks open positive

Last updated: May 2, 2017

Retailers trade at Dhaka Stock Exchange office. BBN file photo

Dhaka, Bangladesh (BBN)- Bangladesh’s stocks witnessed positive trend in early trading on Tuesday as some optimistic investors went on buying spree on sector specific stocks.
Following the previous session’s sharp fall, both bourses -- the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher.
After 15 minutes of trading, the key index of the country’s prime bourse advanced 21 points while the Selective Category Index of port city bourse rose 33 points when the report was filing at 10:45am.

DHAKA STOCK EXCHANGE:
DSEX, the benchmark index of the DSE, went up by 21.38 points or 0.39 percent to stand at 5,497 points, when the report was filed at 10:45am.
The DS30 index, comprising blue chips, advanced 12 points or 0.59 percent to reach at 2,028 points.
The DSE Shariah Index (DSES) also gained 7.18 points or 0.56 percent to stand at 1,271 points till then.
Turnover, the important indicator of the market, stands at BDT 973 million when the report was filed at 10:45 million.
United Power led the turnover chart with shares worth BDT 144 million changing hands till then, closely followed by National Bank BDT 65 million, Saif Powertec BDT 44 million, Prime Bank BDT 40 million and Argon Denims BDT 39 million.
Of the issues traded till then, 113 advanced, 80 declined and 33 issues remained unchanged.

CHITTAGONG STOCK EXCHANGE:
The port city bourse CSE also saw positive trend with its Selective Category Index - CSCX – advancing 33 points to stand at 10,337 points, also at 10:45am.
Of the issues traded till then, 55 gained, 30 declined and 15 issues remained unchanged with a turnover value of BDT 40 million.

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