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Bourses see mixed trend in early trading

FE Online Report | Published: December 03, 2019 11:24:02 | Updated: December 04, 2019 15:41:59


Stocks witnessed mixed trend in early hour trading on Tuesday as investors mostly followed cautious stance.

Following the previous day’s downturn, the Dhaka Stock Exchange (DSE) saw negative trend while the Chittagong Stock Exchange (CSE) witnessed positive trend after 30 minutes of trading.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 10 points while the CSE All Share Price Index of port city’s bourse rose 12 points at 10.45am.

After 30 minutes of trading, DSEX went down nearly 4.0 points while the CSE All Share Price Index of port city’s bourse rose more than 8.0 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 3.95 points or 0.08 per cent to stand at 4,730 points at 11:00am.

The DS30 index, comprising blue chips also fell 3.45 points to 1,625 and the DSE Shariah Index (DSES) lost 0.58 point to stand at 1,067 points till then.

Turnover, the important indicator of the market, stood at Tk 726 million when the report was filed at 11:00am.

Of the issues traded till then, 147 advanced, 79 declined and 44 remained unchanged.

Stylecraft Ltd was the most traded stocks till then with shares worth Tk 85 million changing hands, followed by Paramount Textile, Purabi General Insurance, Sonar Bangla Insurance and Fortune Shoes.

However, the port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw positive trend till then with CSE All Share Price Index- CASPI-gaining 8.0 points to stand at 14,421 points, also at 11:00am.

The Selective Category Index – CSCX – gained 5.0 points to stand at 8,755 points till then.

Of the issues traded till then, 18 advanced, 5 declined 3 remained unchanged with Tk 8.0 million in turnover.

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