Bourses witness uptrend in early trading

FE Online Report | Published: November 05, 2018 11:50:20 | Updated: November 06, 2018 11:04:51


FE file photo used for representation

The prices of most of the shares on bourses witnessed an upward trend in early hour of trading Monday as some investors remained active on sector-wise stocks.

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

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse gained more than 7.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 4.0 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 15 points while the CASPI of Chattogram bourse gained 11 points at 11:00am when the report was filed.

The DSEX went up by 15.63 points or 0.29 per cent to reach at 5,254 points at 11:00am.

The DSE Shariah Index also advanced 0.35 points to stand at 1,211 points. However, the DS30 index, comprising blue chips, lost 0.66 points to reach at 1,852 points till then.

Turnover, the important indicator of the market, stood at Tk 1.16 billion on DSE when the report was filed at 11:00am.

Saiham Textile was the most traded stocks till then with shares worth Tk 125 million changing hands, closely followed by Khulna Power Company Tk 85 million, Dragon Sweater Tk 65 million, Saiham Cotton Mills Tk 60 million, and Nurani Dyeing 55 million.

Of the issues traded till then, 169 advanced, 61 declined, and 30 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange also stayed positive till then with the CASPI-gaining 11 points to stand at 16,100 points, also at 11:00am.

The Selective Category Index (CSCX) also advanced 7.0 points to stand at 9,754 points at that time.

Of the issues traded till then, 33 gained, 21 declined, and 15 issues remained unchanged with Tk 24 million in turnover.

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