Stocks post marginal gains in early trading

FE Online Report | Published: November 04, 2018 11:22:04 | Updated: November 05, 2018 11:21:07


FE file photo used for representation

The stock market witnessed marginal gains in early hour of trading Sunday as some investors remained active on sector-wise stocks.

Following the previous week’s marginal correction, both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened marginally higher amid low trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse gained more than 10 points while the CSE All Share Price Index (CASPI) of port city's bourse advanced 6.0 points at 10:45am.

After 30 minutes of trading, the DSEX advanced nearly 7.0 points while the CASPI of the Chattogram bourse gained 5.0 points at 11:00am when the report was filed.

The DSEX went up by 6.97 points or 0.13 per cent to stand 5,265 points at 11:00am.

The DSE Shariah Index also advanced 1.58 points to stand at 1,217 points. However, the DS30 index, comprising blue chips, lost 0.08 points to reach at 1,865 points at that time.

Turnover, the important indicator of the market, stood at Tk 1.07 billion on the DSE when the report was filed.

Intraco Refueling Station was the most traded stocks till then with shares worth Tk 117 million changing hands, closely followed by SK Trims Industries Tk 62 million, KPCL Tk 61 million, Saiham Textile Tk 60 million, and Intech 55 million.

Of the issues traded till then, 157 advanced, 67 declined, and 35 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange also saw marginal gain till then with the CASPI gaining 5.0 points to stand at 16,165 points, also at 11:00am.

The Selective Category Index (CSCX) also advanced 0.60 points to stand at 9,795 points till then.

Of the issues traded till then, 45 gained, 20 declined, and 09 issues remained unchanged with Tk 38 million in turnover.

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