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Stocks witness mix trend in early trading

FE Online Report | Published: September 04, 2019 11:29:32 | Updated: September 08, 2019 10:58:40


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

Following the previous five days’ correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend at opening.

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

After that it started to decline. After 30 minutes of trading, DSEX fell more than 1.0 points while the CSE All Share Price Index of port city’s bourse rose 38 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 1.27 points or 0.02 per cent to stand at 5,005 points at 11:00am.

The DS30 index, comprising blue chips also fell 1.81 points to 1757 points and the DSE Shariah Index (DSES) lost 0.87 point to stand at 1,166 points till then.

Turnover, the important indicator of the market, stood at Tk 705 million when the report was filed at 11:00am.

Of the issues traded till then, 150 advanced, 94 declined and 67 remained unchanged.

Stylecraft was the most traded stocks till then with shares worth Tk 69 million changing hands, followed by Monno Ceramic, Monno Jute Stafflers, Silco Pharma and JMI Syringes.

However, the port city’s bourse – the Chittagong Stock Exchange – (CSE), saw positive trend till then with CSE All Share Price Index- CASPI-advancing 38 points to stand at 15,340 points, also at 11:00am.

The Selective Category Index – CSCX – also gained 23 points to stand at 9,313 points till then.

Of the issues traded till then, 45 advanced, 23 declined 10 remained unchanged with Tk 15 million in turnover.

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