Bangladesh’s stocks open optimistic

Last updated: December 29, 2016

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed upward trend in early hour of trading on Thursday, the last trading session of the year 2016.
Both bourses – the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw upward trend till filed the report at 10:45am.
After previous day’s upturn, the key index of the DSE advanced 21.02 points, while the Selective Category Index of port city bourse gained 26.86 points within first 15 minutes of the day’s trading at 10:45am.
DHAKA STOCK EXCHANGE:
DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), went up by 21.02 points or 0.42 percent to stand at 5,048.93 points, when the report was filed at 10:45am.
The two other indices also saw positive trend. The DS30 index, comprising blue chips, jumped 6.80 points or 0.38 percent to reach at 1,815.25 points.
The DSE Shariah Index (DSES) rose 5.04 points or 0.42 percent to stand at 1,194.05 points.
Turnover, the important indicator of the market, stands at BDT 1.05 billion when the report was filed at 10:45 million, riding on United Airways and Generation Next Fashion.
Of the issues traded till then, 159 advanced, 48 declined and 25 issues remained unchanged.
United Airways dominated the turnover chart with shares worth BDT 95 million changing hands till then, followed by Generation Next Fashion BDT 55 million, Union Capital BDT 49 million, Appollo Ispat Complex BDT 38 million and Fu-Wang Ceramics BDT 37 million.

CHITTAGONG STOCK EXCHANGE:
The port city bourse CSE also saw upward trend till then with its Selective Category Index - CSCX –advancing 26.86 points to stand at 9,394.88 points, also at 10:45am.
Of the issues traded till then, 65 gained, 15 declined and 8 issues remained unchanged with a turnover value of BDT 65 million.
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