Bangladesh
5 years ago

DSE, CSE creep higher at opening

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The prices of most of the shares on both bourses saw positive trend in early hour of trading on Monday as investors are active on sector-wise issues.

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

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 37 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 34 points at 10:45am.

After 30 minutes of trading, the DSEX gained more than 28 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 25 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 28.74 points or 0.49 per cent to stand 5,830 points at 11:00am.

The DS30 index, comprising blue chips, also gained 9.80 points to reach at 2,013 points till then. The DSE Shariah Index advanced 4.10 points to stand at 1,315 points.

Turnover, the important indicator of the market, stood at Tk 1.64 billion on DSE when the report was filed at 11:00am.

Bangladesh Submarine Cable Company was the most traded stocks till then with shares worth Tk 164 million changing hands, closely followed by Bangladesh National Insurance, United Power, DESCO and Meghna Petroleum.

Of the issues traded till then, 184 advanced, 87 declined and 38 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index- CASPI-gaining 25 points to stand at 17,806 points, also at 11:00am.

The Selective Category Index – CSCX –also gained 13 points to stand at 10,768 points till then.

Of the issues traded till then, 57 gained, 29 declined and 18 issues remained unchanged with Tk 42 million in turnover.

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