Bangladesh’s stocks up at opening Wednesday

Last updated: October 3, 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 Wednesday as some investors are showing buying appetite on sector-wise stocks.

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

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 26 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 32 points at 10:45am when the report was filed.

DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE, went up by 26.96 points or 0.50 percent to reach at 5,407 points at 10:45am.

The DS30 index, comprising blue chips, also advanced 5.40 points to reach at 1,898 points. The DSE Shariah Index (DSES) gained 0.70 points to reach at 1,242 points till then.

Turnover, the important indicator of the market, stood at only BDT 508 million when the report was filed at 10:45am.

Of the issues traded till then, 148 advanced, 37 declined and 35 remained unchanged.

VFS Thread Dyeing was the most traded stocks till then with shares worth BDT 55 million changing hands, closely followed by BD Finance BDT 46 million, Legacy Footwear BDT 42 million, Jamuna Bank BDT 34 million and Stylecraft BDT 32 million.

CHITTAGONG STOCK EXCHANGE
The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index- CASPI-advancing 32 points to stand at 16,617, also at 10:45am.

The Selective Category Index – CSCX –also gained 20 points to stand at 10,062 points till then.

Of the issues traded till then, 46 gained, 23 declined and 09 issues remained unchanged with BDT 25 million in turnover.

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