Bourses maintain uptrend at opening

FE Online Report | Published: July 08, 2018 12:16:48 | Updated: July 08, 2018 15:43:58


FE file photo used for representation

Prices of most of the shares on both bourses saw positive trend in early hour of Sunday trading as investors were showing buying appetite on sector-wise stocks.

Following the last session’s upward movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse, rose more than 16 points while the CSE All Share Price Index (CASPI) of port city’s market gained 10 points at 10:45am.

After 30 minutes of trading, the DSEX gained more than 11 points while the CASPI of Chittagong Stock Exchange advanced 4.0 points at 11:00am when the report was filed.

The DSEX of Dhaka Stock Exchange went up by 11.04 points or 0.21 per cent to reach at 5,373 points at 11:00am.

The DS30 index, comprising blue chips, also advanced 1.96 points to reach at 1,928 points.

The DSE Shariah Index index gained 3.35 points to reach at 1,264 points till then.

Turnover, the important indicator of the market, stood at Tk 1.82 billion when the report was filed.

The newly listed Bashundhara Paper Mills was the most traded stocks till then with shares worth Tk 162 million changing hands, closely followed by BBS Cables Tk 110 million, Shahjibazar Power Company Tk 106 million, Pacific Denims Tk 91 million, and Prime Textile Tk 61 million.

Of the issues traded till then, 136 advanced, 85 declined, and 48 remained unchanged on the DSE trading floor.

The port city’s bourse – CSE – also saw positive trend till then with CSE All Share Price Index (CASPI) advancing 4.0 points to stand at 16,508, also at 11:00am.

The Selective Category Index (CSCX) also advanced 3.0 points to stand at 9,987 points till then.

Of the issues traded till then, 61 gained, 35 declined, and 12 issues remained unchanged with Tk 63 million in turnover.

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