DSE, CSE witness mild upturn in early trading

Stocks witnessed a moderate upward trend in early trading on Thursday, after passing a flat session in the previous day, as some investors were active on sector specific shares.

Following the previous day’s flat ending, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher, but trading activities remains low.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 18 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 35 points at 10:45am.

After 30 minutes of trading, the DSEX rose more than 27 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 57 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 27.98 points or 0.55 per cent to stand 5,105 points at 11:00am.

The DS30 index, comprising blue chips, also gained 7.33 points to reach at 1,824 points till then. The DSE Shariah Index rose 6.93 points to stand at 1,167 points.

Turnover, the important indicator of the market, stood at Tk 632 million on DSE when the report was filed at 11:00am.

United Power was the most traded stocks till then with shares worth Tk 33 million changing hands, closely followed by Bangladesh Shipping Corporation, VFS Thread Dyeing, Vanguard AML Rupali Bank Balanced Fund and SEML Lecture Equity Management Fund.

Of the issues traded till then, 230 advanced, 37 declined and 39 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index- CASPI-advancing 57 points to stand at 15,577 points, also at 11:00am.

The Selective Category Index – CSCX – also gained 36 points to stand at 9,475 points till then.

Of the issues traded till then, 70 advanced, 21 declined 14 remained unchanged with Tk 15 million in turnover.

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