DSE, CSE nudge higher in early trade

FE Online Report | Published: December 05, 2018 11:46:37 | Updated: December 06, 2018 15:52:19


The prices of most of the shares witnessed upward trend in early hour of trading on Wednesday as optimistic investors are showing their buying appetite on sector-wise issues.

Following the previous day’s upward movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed upturn amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 24 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 20 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 34 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 55 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 34.24 points to stand 5,379 points at 11:00am.

The DS30 index, comprising blue chips, advanced 6.70 points to reach at 1,877 points till then.

The DSE Shariah Index also gained 3.02 points to stand at 1,237 points.

Turnover, the important indicator of the market, stood at Tk 1.15 billion on DSE when the report was filed at 11:00am.

ML Dying was the most traded stocks till then with shares worth Tk 97 million changing hands, closely followed by Paramount Textile with Tk 92 million, Western Marine Shipyard Tk 56 million, Far Chemicals Tk 46 million and National Housing Finance Tk 38 million.

Of the issues traded till then, 203 advanced, 58 declined and 29 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), saw positive trend till then with CSE All Share Price Index- CASPI-gaining 55 points to stand at 16,431 points, also at 11:00am.

The Selective Category Index – CSCX –also rose 30 points to stand at 9,965 points till then.

Of the issues traded till then, 45 gained, 12 declined and 08 issues remained unchanged with Tk 36 million in turnover.

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