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Market showing positive trend

The prices of the most of shares on both bourses –Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) — saw upward trend in early hour of trading on Wednesday.
DSEX, the key index of the DSE, rose 9.77 points while the Selective Category Index of port city bourse CSCX soared 11.01 points within first one and half-an-hour.

After one hour of trading, DSEX went down by 9.77 points or 0.17 per cent to stand at 5608.49, when the report was filed at 11:59am.

The DSE Shariah Index (DSES) also gained 1.79 points or 0.13 per cent to stand at 1310.50 points.

However, the DS30 index, comprising blue chips advanced 0.21 points or 0.01 per cent to reach at 2034.73 points.

The trade deals stood at Tk 4419.55 million on the DSE, riding on Baraka Power and Fortune Shoes.

Of the issues traded till then, 179 advanced, 89 declined and 48 issues remained unchanged.

Baraka Power Limited dominated the turnover chart with shares worth Tk 231.70 million changing hands till then, followed by Fortune Shoes Limited and ACI Formulations Limited.

On the other hand, the Chittagong Stock Exchange (CSE) saw positive trend till then with its Selective Category Index – CSCX – jumping 11.01 points to stand at 10506.63 points, also at 11:54 am.

Of the issues traded till then, 115 gained, 56 declined and 32 remained unchanged with a turnover value of Tk 245.43 million.

Source: Daily Sun, Dhaka, Bangladesh

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