The prime index of the Dhaka Stock Exchange crossed the 6,700 points mark in early trading once again on Sunday as the buoyant investors are putting fresh bets on lucrative issues riding on regulator steps.
Following the previous three days’ gain, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up further by 40.43 points or 0.60 per cent to stand at 6,708, after the first hour of trading at 11:00am.
Two other indices also opened higher with the DS30 index, comprising blue chips, rose 13.52 points to reach 2,438 and the Shariah Index (DSES) gained 6.32 points to stand at 1,441.
Turnover, another important indicator of the market, stood at Tk 2.80 billion within the first hour of trading.
Market analysts said stocks opened sharply higher as the investors put fresh bets on the stocks at lucrative prices riding on regulatory steps.
The Bangladesh Securities and Exchange Commission (BSEC) lowered the circuit breaker limit to 2.0 per cent from 10 per cent effective from Wednesday to stop the free-fall of stocks amid the ongoing war between Russia and Ukraine.
Of the issues traded till then, 248 advanced, 83 declined and 42 issues remained unchanged on the DSE trading floor till then.
BDCOM Online was the most traded stock till then with shares worth Tk 230 changing hands, closely followed by Bangladesh Building Systems, Dragon Sweater, Agni Systems and Beximco.
The Chittagong Stock Exchange also opened marginally higher with its All Shares Price Index (CASPI)—rising 57 to stand at 19,618, while the Selective Categories Index – CSCX gaining 33 points to reach 11,770 at 11:00am.
Of the issues traded till then 112 advanced, 35 declined and 20 remained unchanged with Tk 58 million in turnover.
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