DSE, CSE rise at opening on post-Eid optimism

FE Online Report | Sunday, 19 August 2018

The prices of most of the stocks witnessed positive trend in early hour of trading on Sunday amid post-Eid optimism. Only one trading session is left before Eid-ul-Azha vacation.

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

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 25 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 22 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 23 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 18 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 23.74 points or 0.43 per cent to reach at 5,491 points at 11:00am.

The DS30 index, comprising blue chips, also advanced 7.53 points to reach at 1,922 points.

The DSE Shariah Index gained 1.64 points to reach at 1,248 points till then.

Turnover, the important indicator of the market, stood at Tk 977 million when the report was filed at 11:00am.

BBS Cables was the most traded stocks till then with shares worth Tk 55 million changing hands, followed by City Bank Tk 44 million, National Housing Finance Tk 43 million, Rupali Life Insurance Tk 38 million and LankaBangla Finance Tk 30 million.

Of the issues traded till then, 119 advanced, 121 declined and 46 remained unchanged on the DSE trading floor.

The port city’s bourse also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 18 points to stand at 16,832, also at 11:00am.

The Selective Category Index – CSCX –also gained 11 points to stand at 10,192 points till then.

Of the issues traded till then, 41 gained, 35 declined and 11 issues remained unchanged with Tk 30 million in turnover.

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