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Bourses witness marginal gains in early trading

FE Online Report | Published: August 04, 2019 11:38:14 | Updated: August 05, 2019 11:47:40


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

Stocks witnessed marginal gains in early trading on Sunday as some investors showed their buying appetite on sector specifies shares based on quarterly earnings.  

Following the previous day’s positive ending, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive trend, but trading activities remained low.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse, rose about 18 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 32 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 14 points while the CASPI of Chattogram bourse gained 26 points at 11:00am when the report was filed.

The DSEX went up by 14.60 points or 0.28 per cent to stand at 5,184 points at that time.

The DS30 index, comprising blue chips, rose 4.27 points to reach at 1,842 points till then while the DSE Shariah Index also gained 3.45 points to stand at 1,195 points.

Turnover, the important indicator of the market, stood at Tk 945 million on DSE when the report was filed at 11:00am.

Monno Ceramic was the most traded stocks till filing of this report with shares worth Tk 85 million changing hands, closely followed by United Power, Stylecrafts, Silco Pharma and Runner Automobiles.

Of the issues traded till then, 164 advanced, 86 declined, and 60 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange (CSE) also saw a positive trend till then with the CASPI advancing 26 points to stand at 15,824 points, also at 11:00am.

The Selective Category Index (CSCX)  also gained 16 points to stand at 9,620 points till then.

Of the issues traded till then, 51 advanced, 26 declined, 15 remained unchanged with Tk 21 million in turnover.

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