DSE, CSE open optimistic as students' protests ease

FE Online Report | Published: August 07, 2018 11:49:19 | Updated: August 08, 2018 12:13:14

FE file photo used for representation

Stocks witnessed an upward trend in early hour of trading on Tuesday as investors were showing their buying spree as students’ road safety protests eased some extent.

Following the previous two days’ downward trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse advanced more than 20 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 30 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 32 points while the CASPI of Chattogram bourse rose 47 points at 11:00am when the report was filed.

The DSEX went up by 32 points or 0.60 per cent to reach at 5,385 points at 11:00am.

The DS30 index, comprising blue chips, also gained 8.30 points to reach at 1,897 points.

The DSE Shariah Index advanced 4.52 points to reach at 1,253 points till then.

Turnover, the important indicator of the market, stood at Tk 1.36 billion when the report was filed.

BBS Cables was the most traded stocks till then with shares worth Tk 278 million changing hands, closely followed by Regent Textile Tk 95 million, Aman Cotton Fibrous Tk 67 million, Dragon Sweater k 55 million, and Saiham Textile Tk 49 million.

Of the issues traded till then, 186 advanced, 53 declined, and 38 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange also saw an upward trend till then with the CASPI advancing 47 points to stand at 16,486, also at 11:00am.

The Selective Category Index (CSCX) also gained 28 points to stand at 9,976 points till then.

Of the issues traded till then, 54 gained, 27 declined, and 8 issues remained unchanged with Tk 48 million in turnover.


Share if you like