Bangladesh
6 years ago

Markets open optimistic amid low trading

FE File Photo
FE File Photo

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The prices of most of the shares on both bourses witnessed positive trend in early hour of trading Monday as some investors are showing their buying appetite on sectors-wise stocks.

Following the previous five days’ correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note amid low trading activities.

Within first 30 minutes of trading, the key index of the country’s prime bourse advanced more than 28 points while the CSE All Share Price Index (CASPI) of port city bourse gained 34 points at 10:30am.

After first hour of trading, the DSEX advanced more than 33 points while the CSE All Share Price Index (CASPI) of the CSE rose 38 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 33.13 points or 0.62 per cent to reach at 5,350 points at 11:00am.

The DS30 index, comprising blue chips, advanced 13 points to reach at 1,978 points.

The DSE Shariah Index (DSES) also gained 11 points to reach at 1,239 points till then.

Turnover, the important indicator of the market, stood at Tk 1.23 billion when the report was filed at 11:00am.

Of the issues traded till then, 170 advanced, 59 declined and 50 remained unchanged.

Berger Paints was the most traded stocks till then with shares worth Tk 95 million changing hands, closely followed by Alif Industries Tk 82 million, Nahee Aluminum Tk 81 million, Intraco Refueling Station Tk 53 million and Monno Ceramic Tk 51 million.

The port city bourse– the Chittagong Stock Exchange (CSE)—also saw upward trend till then with CSE All Share Price Index- CASPI-advancing 38 points to stand at 16,461, also at 11:00am.

The Selective Category Index – CSCX –also gained 23 points to stand at 9,956 points till then.

Of the issues traded till then, 45 gained, 26 declined and 14 issues remained unchanged with Tk 25 million in turnover.

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