Bangladesh’s stocks edge higher at midday Thursday

BBN file photo

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks gained marginally during midday trade on Thursday, recovering some points lost in previous sessions.
From the morning, the market witnessed steady rise amid relatively higher volume of trade, implying that investors put funds on some issues, particularly on financials, textile and pharmaceuticals.
At 12:30pm, the benchmark index of Dhaka Stock Exchange DSEX was 5,466, up 7 points over the previous close.
The DS30 index, comprising blue chips, ended at 2,029, up over 2 points.
However, the DSE Shariah Index DSES gained almost 2 points to 1,262.
The DSE turnover stood at over Tk2.9 billion. Majority of share prices closed higher as the issues traded so far on the DSE, 16 gained, 99 lost and 52 remained unchanged.
Paramount Textile was the highest traded share, followed by Appollo Ispat Complex BD Finance, Argon Denim, GP and National Tea Corporation.
Meanwhile, the Chittagong Stock Exchange Selective Category Index CSCX rose just over 1 point to 10,242.
BBN/KMS/AD

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