Stocks witness mostly higher at opening

FE Online Report | Published: July 11, 2018 11:28:09 | Updated: July 13, 2018 11:11:37


Prices of most of the shares on both bourses jumped at the opening session on Wednesday after the Dhaka Stock Exchange (DSE) scaled Tk 10-billion mark on Tuesday.

Following the previous day’s upward movement, country’s main bourse and also the port city bourse—the Chittagong Stock Exchange (CSE)—opened higher amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse rose more than 48 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 68 points at 10:45am.

After 30 minutes of trading, the DSEX gained more than 59 points while the CSE All Share Price Index (CASPI) of port city’s bourse soared 99 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 59.30 points or 0.1.10 per cent to reach at 5,430 points at 11:00am.

The DS30 index, comprising blue chips, also advanced 22 points to reach at 1,934 points.

The DSE Shariah Index gained 12 points to reach at 1,282 points till then.

Turnover, the important indicator of the market, stood at Tk 2.50 billion when the report was filed at 11:00am.

Beximco was the most traded stocks till then with shares worth Tk 146 million changing hands, closely followed by Ratanpur Steel Tk 135 million, Miracle Industries Tk 129 million, Confidence Cement Tk 112 million and Bashundhara Paper Mills Tk 98 million.

Of the issues traded till then, 211 advanced, 40 declined and 26 remained unchanged on the DSE trading floor.

The port city’s bourse also saw upward trend till then with CSE All Share Price Index- CASPI-advancing 99 points to stand at 16,647, also at 11:00am.

The Selective Category Index – CSCX –also advanced 60 points to stand at 10,073 points till then.

Of the issues traded till then, 96 gained, 20 declined and 14 issues remained unchanged with Tk 86 million in turnover.

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