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The prices of most of the stocks on bourses witnessed upward trend in early hour of trading Wednesday as investors are showing buying appetite on large-cap stocks.
Following the previous day’s positive trend, the Dhaka Stock Exchange (DSE) and 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 advanced more than 29 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 31 points at 10:45am.
After 30 minutes of trading, the DSEX advanced more than 44 Points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 55 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went up by 44.77 points or 0.81 per cent to cross the 5,500-mark, reaching at 5,517 points at 11:00am.
The DS30 index, comprising blue chips, also gained 12.12 points to reach at 1,917 points till then. The DSE Shariah Index advanced 5.67 points to stand at 1,268.
Turnover, the important indicator of the market, stood at Tk 1.59 billion on DSE when the report was filed at 11:00am.
Khulna Power Company was the most traded stocks till then with shares worth Tk 244 million changing hands, followed by Intech Tk 174 million, National Life Insurance Tk 95 million, National Housing Finance Tk 94 million and Aman Feed Tk 68 million.
Of the issues traded till then, 191 advanced, 49 declined and 36 remained unchanged on the DSE trading floor.
The port city’s bourse–the Chittagong Stock Exchange–saw positive trend till then with CSE All Share Price Index- CASPI-advancing 55 points to stand at 16,886, also at 11:00am.
The Selective Category Index–CSCX–also gained 31 points to stand at 10,228 points till then.
Of the issues traded till then, 59 gained, 23 declined and 10 issues remained unchanged with Tk 59 million in turnover.