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DSE gains, CSE slides in early trading

FE Online Report | Published: May 23, 2019 11:55:40 | Updated: May 24, 2019 10:42:39


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The prices of most of the shares on the Dhaka bourse witnessed a positive trend in early trading on Thursday as some investors were showing their buying spree on sector-wise issues.

Following the previous day’s marginal gain, the Dhaka Stock Exchange (DSE) witnessed a positive trend while the Chittagong Stock Exchange (CSE) saw a downturn in early trading.

Within first 30 minutes of trading, DSEX, the key index of the country’s prime bourse advanced 10 points while the CSE All Share Price Index (CASPI) of port city’s bourse fell 13 points at 10:30am.

After first hour of trading, the DSEX advanced more than 8.0 points while the CASPI of Chattogram bourse lost 21 points at 11:00am when the report was filed.

The DSEX went up by 8.27 points or 0.15 per cent to reach at 5,258 points at that time.

Two other indices also saw a positive trend till then as the DS30 index, comprising blue chips, gained 3.37 points to reach at 1,833 and the DSE Shariah Index advanced 0.75 points to stand at 1,197 points.

Turnover, the important indicator of the market, stood at Tk 874 million on DSE when the report was filed at 11:00am.

Of the issues traded till then, 152 advanced, 89 declined, and 67 remained unchanged on the DSE trading floor.

Prime Finance was the most traded stocks till filing of the report with 20.05 million shares worth Tk 214 million changing hands, closely followed by Eastern Cables, Runner Automobiles, Monno Ceramic, and Brac Bank.

However, the Chittagong Stock Exchange saw a negative trend till then with the CASPI losing 21 points to stand at 16,021 points, also at 11:00am.

The Selective Category Index (CSCX) also fell 14 points to stand at 9,692 till then.

Of the issues traded till then, 36 gained, 77 declined, and 29 issues remained unchanged with Tk 83 million in turnover.

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