Stocks open higher amid hartal

Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed steep rise in early hour of trading on Monday despite day-long shutdown enforced by Jamaat-e-Islami. DSEX, the prime index of the DSE, soared 49.66 points or 1.08 per cent to reach at 4,646.48, after first 30 minutes of the trade when the report was filed at 11am. The two other indices also saw steep rise at opening. The DS30 index, comprising blue chips rose 22.23 points or 1.27 per cent to reach at 1,768.01. The DSE Shariah Index (DSES) advanced 14.56 points or 1.31 per cent to stand at 1,121.80. DSE turnover stands at Tk 1.09 billion when the report was filed at 11am. Of the issues traded till then, 173 advanced, 28 declined and 20 issues remained unchanged. The newly listed Simtex Industries was the most traded stocks till then with shares BDT 98 million changing hands followed by Far Chemical, Beximco Pharma, United Power and Olynpic Industries. The port city bourse – the CSE also opened higher with its Selective Category Index -- CSCX – gaining 90.31 points to stand at 8,590.57, also at 11am. Of the issues traded till then, 88 gained, 17 declined and 7 issues remained unchanged with a turnover value of Tk 86 million.

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