Bourses open week on optimistic note

FE Online Report | Published: January 13, 2019 11:05:31 | Updated: January 26, 2019 10:19:49

FE file photo used for representation

The prices of most of the shares on both bourses witnessed an upward trend in the early hour of trading on Sunday as investors continued their buying spree on sector-wise issues.

Following the previous week’s sharp gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened positive amid rising trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse advanced more than 24 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 49 points at 10:45am when the report was filed.

The DSEX went up by 24.58 points or 0.42 per cent to reach at 5,821 points at 10:45am.

The DS30 index, comprising blue chips, also gained 8.30 points to stand at 2020 points. The DSE Shariah Index (DSES) advanced 7.06 points to reach at 1,325 points till then.

Turnover, the crucial indicator of the market, stood at Tk 845 million when the report was filed at 10:45am.

Of the issues traded till then, 198 advanced, 43 declined, and 48 remained unchanged.

Meghna Life Insurance Company was the most traded stocks till then with shares worth Tk 41 million changing hands, closely followed by Khulna Power, JMI Syringes, Sonali Aansh Industries, and Alif manufacturing Company.

The Chittagong Stock Exchange saw positive trend till then with the CASPI advancing 49 points to stand at 17,815, also at 10:45am.

The Selective Category Index (CSCX) also gained 28 points to stand at 10,755 points till then.

Of the issues traded till then, 35 gained, 08 declined, and 04 issues remained unchanged with Tk 13 million in turnover.

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