DSE, CSE creep higher at opening

FE Online Report | Published: July 10, 2018 11:44:35 | Updated: July 11, 2018 11:28:09


Prices of most of the shares on bourses witnessed upward trend in early hour of trading Tuesday as some investors are showing their buying appetite on sector-wise stocks.

Following the previous day’s correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse rose more than 35 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 9.0 points at 10:45am.

After 30 minutes of trading, the DSEX gained more than 38 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 58 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 38.50 points or 0.72 per cent to reach at 5,379 points at 11:00am.

The DS30 index, comprising blue chips, also advanced 5.20 points to reach at 1,916 points.

The DSE Shariah Index index gained 8.17 points to reach at 1,276 points till then.

Turnover, the important indicator of the market, stood at Tk 2.0 billion when the report was filed at 11:00am.

Pacific Denims was the most traded stocks till then with shares worth Tk 130 million changing hands, closely followed by Bashundhara Paper Mills Tk 96 million, BBS Cables 92 million, Sinobangla Industries Tk 85 million and Monno Ceramic Industries Tk 83 million.

Of the issues traded till then, 196 advanced, 42 declined and 35 remained unchanged on the DSE trading floor.

The port city’s bourse also saw upward trend till then with CSE All Share Price Index- CASPI-advancing 58 points to stand at 16,520, also at 11:00am.

The Selective Category Index – CSCX –also advanced 35 points to stand at 9,993 points till then.

Of the issues traded till then, 92 gained, 24 declined and 9 issues remained unchanged with Tk 91 million in turnover.

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