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Stocks witness marginal gain in early trading

FE Online Report | Published: May 27, 2019 11:29:53 | Updated: May 28, 2019 15:37:35


Investors react while monitoring stock price movements on computer screens at a brockerage house in the capital city — FE/Files

Stocks on both bourses posted a marginal gain in early trading on Monday as some investors were active on sector-wise shares.

Following the previous day’s flat movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw a positive trend amid low trading activities.

Within first 30 minutes of trading, DSEX, the key index of the country’s prime bourse advanced 5.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 5.0 points at 10:30am.

After first hour of trading, DSEX advanced more than 8.0 points while the CASPI of port city’s bourse gained 5.0 points at 11:00am when the report was filed.

The DSEX went up by 8.12 points or 0.16 per cent to reach at 5,261 points at that time.

The DS30 index comprising blue chips advanced 1.0 points to reach at 1,829 and the DSE Shariah Index rose 1.45 points to stand at 1,188 points till then.

Turnover, the important indicator of the market, stood at Tk 1.10 billion on DSE when the report was filed at 11:00am.

Of the issues traded till then, 135 advanced, 113 declined, and 64 remained unchanged on the DSE trading floor.

Square Pharmaceuticals was the most traded stocks till filing of the report with shares worth Tk 145 million changing hands, closely followed by New Line Clothings, National Life Insurance, BATBC and Standard Ceramic.

The Chittagong Stock Exchange (CSE) also saw a positive trend till then with the CASPI advancing 5.71 points to stand at 16,005 points, also at 11:00am.

The Selective Category Index (CSCX) also gained 6.0 points to stand at 9,688 till then.

Of the issues traded till then, 56 gained, 48 declined, and 21 issues remained unchanged with Tk 57 million in turnover.

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