Bangladesh
5 years ago

DSE, CSE drift higher in early trade

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The prices of most of the shares on the bourses witnessed positive trend in early hour of trading Wednesday as some investors are active on sector-wise issues.

Following the previous five days’ correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed marginally higher amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse gained more than 18 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 24 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 20 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 49 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 20.78 points or 0.39 per cent to stand 5,225 points at 11:00am.

The DS30 index, comprising blue chips, also advanced 2.05 points to reach at 1,844 points till then. The DSE Shariah Index also gained 3.66 points to stand at 1,204 points.

Turnover, the important indicator of the market, stood at Tk 819 million on DSE when the report was filed at 11:00am.

Shasha Denims was the most traded stocks till then with shares worth Tk 58 million changing hands, followed by SK Trims Tk 53 million, Intraco Refueling Staion Tk 52 million, Monno Ceramic Tk 45 million and ML Dyeing Tk 39 million.

Of the issues traded till then, 173 advanced, 45 declined and 35 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 49 points to stand at 16,028 points, also at 11:00am.

The Selective Category Index – CSCX –also rose 30 points to stand at 9,711 points till then.

Of the issues traded till then, 41 gained, 14 declined and 13 issues remained unchanged with Tk 36 million in turnover.

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