Stocks see mixed trend in early trading Wednesday

FE Online Report | Wednesday, 4 October 2017

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed mixed trend in early trading on Wednesday as investors are active both sides of trading fence.

Following the previous day’s upward trend, the DSE and CSE both opened higher with increasing trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced nearly 12 points while the Selective Category Index of port city bourse gained 15 points at 10:45am.

After 30 minutes of trading, DSEX stayed positive with 3.54 points gain while the Selective Category Index of CSE fell 3.14 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 3.54 points or 0.05 per cent to stand at 6,137 points at 11:00am.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips, advanced 3.12 points or 0.14 per cent to 2,185 points.

The DSE Shariah Index (DSES) gained 2.25 points or 0.17 per cent to stand at 1,344 points.

Turnover, the important indicator of the market, stood at Tk 1.35 billion when the report was filed at 11:00am.

Of the issues traded till then, 161 advanced, 58 declined, and 31 remained unchanged.

The newly listed Aamra Networks dominated the turnover chart till then with shares of Tk 160 million changing hands, closely followed by LankaBangla Finance Tk 125 million, Premier Bank Tk 85 million, NCC Bank Tk 62 million, and Fu-Wang Food Tk 58 million.

However, the port city bourse – the Chittagong Stock Exchange – (CSE) saw negative trend till then with its Selective Category Index – CSCX – losing 3.14 points to stand at 11,511 points.

Of the issues traded till then, 49 gained, 24 declined and 10 issues remained unchanged with Tk 42 million in turnover.