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Stocks show mixed trend in early trading

FE Online Report | Published: February 05, 2019 11:31:09 | Updated: February 06, 2019 10:37:24


Stocks witnessed mixed trend in early hour of trading on Tuesday as investors are active both sides of trading fence.

Following the previous day’s positive close, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 6.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 25 points at 10:45am.

After 30 minutes of trading, the DSEX fell 7.75 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 0.60 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 7.75 points or 0.13 per cent to stand 5,820 points at 11:00am.

The DS30 index, comprising blue chips, also fell 0.67 points to reach at 2,018 points till then. The DSE Shariah Index shed 1.68 points to stand at 1,317 points.

Turnover, the important indicator of the market, stood at Tk 1.31 billion on DSE when the report was filed at 11:00am.

Monno Ceramic Industries was the most traded stocks till then with shares worth Tk 114 million changing hands, closely followed by Simtex Industries, United Power, Bangladesh Submarine Cable Company and Singer BD.

Of the issues traded till then, 118 advanced, 136 declined and 53 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend till then with CSE All Share Price Index- CASPI-losing 0.60 points to stand at 17,855 points, also at 11:00am.

The Selective Category Index – CSCX –also shed 0.18 points to stand at 10,799 points till then.

Of the issues traded till then, 45 gained, 39 declined and 12 issues remained unchanged with Tk 20 million in turnover.

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