Bangladesh’s stocks up at opening Monday

Last updated: October 8, 2018

Retailers trade at Dhaka Stock Exchange office. BBN file photo

Dhaka, Bangladesh (BBN)- Bangladesh’s stocks witnessed positive trend in early hour of trading on Monday as some investors are showing buying appetite on sector-wise stocks.

Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 12 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 19 points at 10:45am when the report was filed.

DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE, went up by 12.26 points or 0.22 percent to reach at 5,423 points at 10:45am.

The DS30 index, comprising blue chips, also advanced 4.45 points to reach at 1,906 points. The DSE Shariah Index (DSES) gained 3.83 points to reach at 1,260 points till then.

Turnover, the important indicator of the market, stood at only BDT 1.06 billion when the report was filed at 10:45am.

Of the issues traded till then, 121 advanced, 48 declined and 36 remained unchanged.

Khulna Power was the most traded stocks till then with shares worth BDT 127 million changing hands, closely followed by United Power BDT 112 million, Active Fine Chemicals BDT 35 million, BBS Cables BDT 57 million and Olympic Industries BDT 54 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 19 points to stand at 16,714, also at 10:45am.

The Selective Category Index – CSCX –also gained 11 points to stand at 10,123 points till then.

Of the issues traded till then, 34 gained, 06 declined and 06 issues remained unchanged with BDT 12 million in turnover.

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