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The Financial Express

Stocks up at open

FE Online Report | Published: February 20, 2020 11:29:38 | Updated: February 23, 2020 16:23:15


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

Stocks witnessed an upward trend in the early hours of trading on Thursday as investors maintained their appetite on sector-wise issues.

Following the previous day’s modest gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened today on positive note amid rising trading activities.

After 30 minutes of trading, DSEX, the prime index of DSE, rose more than 20 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 25 points at 11:00am when the report was filed.

DSEX went up by 20.42 points or 0.42 per cent to stand at 4,778 points at that time.

Two other indices also saw a positive trend till then. The DS30 index, comprising blue chips, advanced 1.15 points to reach at 1,600 and the DSE Shariah Index gained 3.92 points to stand at 1,090 points till then.

Turnover, one of the important indicators of the market, stood at Tk 1.45 billion on DSE when the report was filed at 11:00am.

Confidence Cement was the most traded stock till filing of this report with shares worth Tk 77 million changing hands, closely followed by BSRM, GP, Bashundhara Paper Mills, and Ratanpur Steels.

Of the issues traded till then, 213 advanced, 62 declined, and 48 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange (CSE) also saw a positive trend till then with the CASPI gaining 25 points to stand at 14,580 points, also at 11:00am.

The Selective Category Index  (CSCX)  also an advanced 15 points to stand at 8,843 points till then.

Of the issues traded till then, 55 advanced, 20 declined, and 12 issues remained unchanged with Tk 34 million in turnover.

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