Stocks open optimistic on bourses

Dhaka,  Monday,   2016-09-19
Published : 19 Sep 2016, 11:19:26

Stocks open optimistic on bourses

FE Online Report
The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Monday, the second day after a prolonged 9-day Eid vacation.

The key index of the Dhaka Stock Exchange (DSE), DSEX advanced 12.40 points, while the Selective Category Index of port city bourse rose 26.54 points within first half an hour of the day’s trading.

After first 30 minutes of trading, DSEX, the prime index DSE went up by 12.40 points or 0.26 per cent to stand at 4,636.38, when the report was filed at 11:00am.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips rose 6.20 points or 0.35 per cent to stand at 1,771.94 points. The DSE Shariah Index (DSES) advanced 2.82 points or 0.25 per cent to stand at 1,113.94.  

Turnover, the crucial indicator of the market, stands at Tk 704 million on the DSE, when the report was filed at 11:00am, riding on Bangladesh Submarine Cable Company and Lafarge Surma Cement.

Of the issues traded till then, 127 advanced, 59 declined and 59 issues remained unchanged.

Bangladesh Submarine Cable Company dominated the turnover chart with shares worth Tk 66 million changing hands till then, followed by Lafarge Surma Cement Tk 64 million, LankaBangla Finance Tk 40 million, National Housing Finance Tk 37 million and Trust Bank Tk 28 million.

The port city bourse the Chittagong Stock Exchange (CSE) also saw upward trend till then with its Selective Category Index - CSCX–gaining 26.54 points to stand at 8,678.97 points, also at 11:00am.

Of the issues traded till then, 55 gained, 11 declined and 14 remained unchanged with a turnover value of Tk 39 million.



Editor : A.H.M Moazzem Hossain
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