Stocks on both bourses open higher

FE Online Report | Published: August 09, 2018 11:34:27 | Updated: August 10, 2018 10:33:07


FE file photo used for representation

The prices of most of the shares saw a positive trend in the early hour of trading on Thursday as investors were showing their buying spree on sector-wise stocks.

Following the previous day’s upward movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse advanced more than 13 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 40 points at 10:45am.

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After 30 minutes of trading, the DSEX advanced more than 28 points while the CASPI of Chattogram bourse rose 77 points at 11:00am when the report was filed.

The DSEX went up by 28.18 points or 0.52 per cent to reach at 5,434 points at 11:00am.

The DSE Shariah Index advanced 0.44 points to reach at 1,252 points till then.

However, the DS30 index, comprising blue chips, saw a fractional loss of 0.67 points to reach at 1,904 points.

Turnover, the important indicator of the market, stood at Tk 1.43 billion when the report was filed.

United Power was the most traded stocks till then with shares worth Tk 105 million changing hands, closely followed by Simtex Industries Tk 85 million,.

Of the issues traded till then, 177 advanced, 74 declined, and 31 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange also saw an upward trend till then with the CASPI advancing 77 points to stand at 16,685 points, also at 11:00am.

The Selective Category Index (CSCX) also gained 48 points to stand at 10,101 points till then.

Of the issues traded till then, 71 gained, 20 declined, and 12 issues remained unchanged with Tk 180 million in turnover.

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