DSE, CSE inch up on buying spree

FE Online Report | Published: October 11, 2018 11:27:31 | Updated: October 24, 2018 14:18:19


The prices of most of the shares witnessed positive trend in early hour of trading Thursday as investors are showing their buying appetite on sector specific issues.

Following the previous day’s marginal 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 advanced more than 21 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 42 points at 10:45am.

After 30 minutes of trading, the DSEX gained more than 20 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 61 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 20.73 points or 0.38 per cent to stand 5,457 points at 11:00am.

The DS30 index, comprising blue chips, also rose 8.38 points to reach at 1,930 points till then. However, the DSE Shariah Index lost 0.28 point to stand at 1,274 points.

Turnover, the important indicator of the market, stood at Tk 1.35 billion on DSE when the report was filed at 11:00am.

Summit Power was the most traded stocks till then with shares worth Tk 282 million changing hands, followed by Khulna Power with Tk 153 million, Beximco Tk 80 million, United Power Tk 72 million and Meghna Cement Tk 51 million.

Of the issues traded till then, 149 advanced, 63 declined and 33 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw positive trend till then with CSE All Share Price Index- CASPI-gaining 61 points to stand at 16,842 points, also at 11:00am.

The Selective Category Index – CSCX –also advanced 37 points to stand at 10,203 points till then.

Of the issues traded till then, 37 gained, 14 declined and 10 issues remained unchanged with Tk 38 million in turnover.

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