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DSE, CSE give up early gains at midday

FE Online Report | Published: January 02, 2019 12:38:52 | Updated: January 03, 2019 15:52:08


Stocks failed to stay positive trend at midday on Wednesday as some investors started to book profit after eight days’ gain.

Following the previous eight sessions’ 245 points gain, 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 advanced more than 19 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 14 points at 10:45am.

After 30 minutes of trading, the DSEX advanced nearly 6.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 28 points at 11:00am.

After 90 minutes of trading, DSEX fell more than 3.0 points while the CSE All Shares Price Index lost 3.88 points at 12:00 noon when the report was filed.

DSEX, the prime index of the DSE stands at 5,461 points, losing 3.64 points or 0.06 per cent at 12:00 noon.

The two other indices also saw negative trend till then. The DS30 index, comprising blue chips, fell 4.10 points to reach at 1,904 points.

The DSE Shariah Index (DSES) also lost 0.16 points to stand at 1,245 points till then.

Turnover, the crucial indicator of the market, stands at Tk 3.10 billion when the report was filed at 12:00 noon.

BBS Cables was the most traded stocks till then with shares worth Tk 151 million changing hands, closely followed by Saiham Cotton Mills, Paramount Textile, JMI Syringes and Beximco.

Of the issues traded till then, 177 advanced, 111 declined and 47 issues remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), saw negative trend till then with CSE All Shares Price Index of port city’s bourse–falling 3.88 points to stand at 16,726 points, also at 12:00 noon.

The Selective Categories Index of the port city bourse also shed 3.36 points to reach at 10,111 points till then.

Of the issues traded till then, 105 gained, 62 declined and 29 issues remained unchanged with Tk 126 million in turnover.

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