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DSE, CSE witness upward trend in early trading

FE Online Report | Published: August 22, 2019 11:41:47 | Updated: August 24, 2019 10:36:24


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The prices of most of the shares on both bourses witnessed an upward trend in early hour of trading on Thursday as investors were showing their buying appetite on sector-wise issues.

Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note with rising trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse, advanced more than 18 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 50 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 20 points while the CSE All Share Price Index of port city’s bourse gained 81 points at 11:00am when the report was filed.

The DSEX went up by 20.90 points or 0.40 per cent to stand at 5,244 points at 11:00am.

The DS30 index, comprising blue chips advanced 7.60 points to 1849 points while the DSE Shariah Index (DSES) gained 4.44 points to stand at 1,208 points till then.

Turnover, the important indicator of the market, stood at Tk 848 million when the report was filed.

Of the issues traded till then, 183 advanced, 71 declined, and 40 remained unchanged.

United Power was the most traded stocks till filing of this report with shares worth Tk 135 million changing hands, followed by National Tubes, Beximco, Fortune Shoes and Orion Infusions.

The Chittagong Stock Exchange also saw a positive trend till then with the CASPI gaining 81 points to stand at 16,059 points, also at 11:00am.

The Selective Category Index (CSCX)  also rose 46 points to stand at 9,745 points till then.

Of the issues traded till then, 66 advanced, 31 declined, and 9 remained unchanged with Tk 33 million in turnover.

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