Stocks experiencing a rising trend since morning

Stocks in Bangladesh started the day on a rising trend though the Bangladesh Securities and Exchange Commission broadened the lower limit of circuit breaker.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 29 points, or 0.51 percent, to 5,786 until 12.40 pm.

The DS30, blue chip index, increased 3 points, 0.17 percent, to 2,121. 

The DSES, index for shariah-based companies, advanced 5 points, or 0.43 percent, to 1,239.

Among the traded stocks, 284 rose, 74 declined and 37 remained unchanged. 

Till that time, shares traded worth tk 557 crore.

Many investors thought that the broadened circuit breaker will be a cause of the huge fall of the index as it will create opportunities for sellers to sell shares.

At the same time, the Chittagong Stock Exchange (CSE) also experienced a rising trend.

The CASPI, the broad index of the CSE, rose 85 points, or 0.58 percent, to 16,488.

Among 191 traded issues, 117 increased, 59 fell and 15 remained in the same range.