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Bourses witness upturn in early trading

FE Online Report | Published: November 12, 2019 11:22:19 | Updated: November 13, 2019 11:16:27


Investors react while monitoring stock price movements on computer screens at a brockerage house in the capital city — FE/Files

Stocks witnessed an upward trend in early trading on Tuesday as investors were showing their buying appetite on sector-wise shares.

Following the previous day’s positive ending, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed the upturn at opening with rising trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse advanced more than 10 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 7.0 points at 10:45am.

After 30 minutes of trading, the DSEX gained more than 12 points while the CASPI of Chattogram bourse rose 9.0 points at 11:00am when the report was filed.

The DSEX then went up by 12.85 points or 0.26 per cent to stand at 4,794 points at 11:00am.

The DS30 index, comprising blue chips, also gained 1.61 points to at 1,665 points while the DSE Shariah Index (DSES) advanced 3.83 points to stand at 1,094 points till then.

Turnover, one of the important indicators of the market, stood at Tk 697 million when the report was filed at 11:00am.

Of the issues traded till then, 140 advanced, 97 declined, and 63 remained unchanged.

National Polymer was the most traded stocks till filing of this report with shares worth Tk 46 million changing hands, followed by Uttara Bank, National Tubes, Wata Chemicals and Shurwid Industries.

The Chittagong Stock Exchange (CSE) also saw a positive trend till then with the CASPI advancing 9.0 points to stand at 14,529 points, also at 11:00am.

The Selective Category Index (CSCX)  also gained 7.0 points to stand at 8,826 points till then.

Of the issues traded till then, 38 advanced, 30 declined, and 10 remained unchanged with Tk 16 million in turnover.

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