Bangladesh
6 years ago

Stocks mostly higher in early trading

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The prices of most of the shares witnessed upward trend in early hour of trading on Sunday as investors continued to take position on sector-wise large-cap issues.

 

Following the previous week’s marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend at opening amid high participation of investors as pre-Eid sale pressure was down.

 

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 19 points while the Selective Category Index of port city bourse rose 14 points at 10:15am.

 

After first 30 minutes of trading, DSEX rose more than 23.60 points while the index of CSE advanced 29 points at 11:00am when the report was filed.

 

DSEX, the prime index of the DSE, went up by 23.60 points or 0.40 per cent to reach at 5,909 points at 11:00am.

 

Two other indices saw positive trend till then. The DS30 index, comprising blue chips, advanced 8.75 points or 0.41 per cent to 2,120 points. The DSE Shariah Index (DSES) rose 2.65 points or 0.20 per cent to stand at 1,308 points.

 

Turnover, the important indicator of the market, stood at Tk 1.28 billion when the report was filed at 11:00am.

 

Ratanpur Steels led the transaction chart with shares worth Tk 123 million changing hands, closely followed by LankaBangla Finance Tk 115 million, BBS Cables Tk 79 million, ACI Tk 78 million, and Bangladesh Building Systems Tk 49 million.

 

Of the issues traded till then, 171 advanced, 44 declined, and 50 remained unchanged.

 

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive signs till the trend with its Selective Category Index – CSCX, advancing 29 points to stand at 11,065 points, also at 11:00am.

 

Of the issues traded till then, 69 gained, 28 declined, and 15 issues remained unchanged with Tk 58 million in turnover.

 

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