Bourses mostly higher at opening

FE Online Report | Published: August 08, 2018 12:04:22 | Updated: August 09, 2018 11:51:12


FE file photo used for representation

The prices of most of the stocks saw a positive trend in the early hour of trading on Wednesday as investors were showing their buying spree on sector-wise stocks.

Following the previous day’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 advanced more than 10 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 35 points at 10:45am.

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After 30 minutes of trading, the DSEX advanced more than 12 points while the CASPI of Chattogram bourse rose 52 points at 11:00am when the report was filed.

The DSEX went up by 12.42 points or 0.23 per cent to reach at 5,394 points at 11:00am.

The DS30 index, comprising blue chips, also gained 4.98 points to reach at 1,906 points.

The DSE Shariah Index advanced 3.80 points to reach at 1,259 points till then.

Turnover, the important indicator of the market, stood at Tk 1.67 billion when the report was filed at 11:00am.

BBS Cables was the most traded stocks till then with shares worth Tk 154 million changing hands, closely followed by Aman Cotton Fibrous Tk 137 million, The Peninsula Chittagong Tk 117 million, Legacy Footwear Tk 93 million, and Monno Ceramic Tk 67 million.

Of the issues traded till then, 164 advanced, 74 declined, and 49 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange also saw an upward trend till then with the CASPI advancing 52 points to stand at 16,595, also at 11:00am.

The Selective Category Index  (CSCX) also gained 33 points to stand at 10,046 points till then.

Of the issues traded till then, 59 gained, 27 declined, and 16 issues remained unchanged with Tk 35 million in turnover.

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