DSE, CSE tick up on optimism

FE Online Report | Published: October 09, 2018 11:37:57 | Updated: October 10, 2018 11:46:22


The prices of most of the shares saw upward trend in early hour of trading Tuesday as investors continued their buying appetite on sector specific large-cap stocks.

Following the previous day’s upward movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 23 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 17 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 41 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 126 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 41.78 points or 0.76 per cent to stand 5,482 points at 11:00am.

The DS30 index, comprising blue chips, also advanced 22.42 points to reach at 1,932 points till then. The DSE Shariah Index gained 17 points to stand at 1,281 points.

Turnover, the important indicator of the market, stood at Tk 1.16 billion on DSE when the report was filed at 11:00am.

Olympic Industries was the most traded stocks till then with shares worth Tk 219 million changing hands, followed by Khulna Power with Tk 88 million, Square Pharmaceuticals Tk 65 million, BBS Cables Tk 65 million and United Power Tk 45 million.

Of the issues traded till then, 144 advanced, 73 declined and 51 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 126 points to stand at 16,900 points, also at 11:00am.

The Selective Category Index – CSCX –also advanced 77 points to stand at 10,236 points till then.

Of the issues traded till then, 43 gained, 16 declined and 05 issues remained unchanged with Tk 40 million in turnover.

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