Dhaka, Bangladesh (BBN)- Bangladesh’s stocks stayed in the positive note at midday on Wednesday as investors continued to take position on sector-wise stocks.
Following the previous day’s upward movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note, but turnover remains low.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 22 points while the CSE All Share Price Index (CASPI) of port city’s bourse also gained 22 points at 10:45am.
After 30 minutes of trading, the DSEX advanced more than 24 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 23 points at 11:00am.
After 90 minutes of trading, DSEX advanced more than 22 points while the CSE All Shares Price Index gained 58 points at 12:00 noon when the report was filed.
DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE stands at 5,410 points, gaining 22.79 points or 0.42 percent at 12:00 noon.
The DS30 index, comprising blue chips, also gained 7.96 points to reach at 1,899 points till then.
The DSE Shariah Index (DSES) also advanced 2.79 points to stand at 1,243 points till then.
Turnover, the crucial indicator of the market, stands at BDT 2.23 billion when the report was filed at 12:00 noon.
Republic Insurance Company was the most traded stocks till then with shares worth BDT 148 million changing hands, closely followed by KPCL BDT 140 million, United Power BDT 125 million, Bangladesh Steel Re-rolling Mills BDT 121 million and IFAD Autos BDT 119 million.
Of the issues traded till then, 216 advanced, 65 declined and 38 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with CSE All Shares Price Index of port city’s bourse–advancing 58 points to stand at 16,639 points, also at 12:00 noon.
The Selective Categories Index of the port city bourse also gained 32 points to reach at 10,078 points till then.
Of the issues traded till then, 97 gained, 39 declined and 18 issues remained unchanged with BDT 755 million in turnover.
BBN/SSR/SR