The Financial Express

Stocks edge up; DSEX gains 19 points in early trading

| Updated: October 24, 2019 15:37:44

Evaly and Fianancial Express Evaly and Fianancial Express
Stocks edge up; DSEX gains 19 points

Stocks witnessed upward trend in early trading on Thursday as optimistic investors are showing their appetite on lucrative large-cap issues.

Following the previous day’s modest gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend in early hour of trading amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse was almost flat while the CSE All Share Price Index of port city’s bourse gained 15 points at 10:45am.

After 30 minutes of trading, DSEX advanced more than 19 points while the CSE All Share Price Index of port city’s bourse rose 25 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 19.66 points or 0.42 per cent to stand at 4,746 points at 11:00am.

The DS30 index, comprising blue chips also gained 5.83 points to 1,665 points. The DSE Shariah Index (DSES) advanced 4.30 points to stand at 1,089 points till then.

Turnover, the important indicator of the market, stood at Tk 528 million when the report was filed at 11:00am.

Of the issues traded till then, 189 advanced, 51 declined and 42 remained unchanged.

Khulna Power was the most traded stocks till then with shares worth Tk 39 million changing hands, followed by Premier Bank, Monno Jute Stafflers, Bangas and National Tubes.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 25 points to stand at 14,409 points, also at 11:00am.

The Selective Category Index – CSCX – also gained 15 points to stand at 8,762 points till then.

Of the issues traded till then, 44 advanced, 27 declined 10 remained unchanged with Tk 13 million in turnover.

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