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Buying spree pushes DSE, CSE up in early trading

FE Online Report | Published: November 28, 2019 11:58:31 | Updated: November 30, 2019 10:30:25


Stocks witnessed positive trend in early hour trading on Thursday as some investors continued their buying appetite on sector-wise issues.

Following the previous three days’ gaining streak, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 8.0 points while the CSE All Share Price Index of port city’s bourse rose 5.0 points at 10.45am.

After 30 minutes of trading, DSEX went up more than 13 points while the CSE All Share Price Index of port city’s bourse gained more than 7.0 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 13.04 points or 0.27 per cent to stand at 4,743 points at 11:00am.

The DS30 index, comprising blue chips also went up by 5.07 points to 1,651 points. The DSE Shariah Index (DSES) advanced 5.45 points to stand at 1,087 points till then.

Turnover, the important indicator of the market, stood at Tk 636 million when the report was filed at 11:00am.

Of the issues traded till then, 131 advanced, 81 declined and 63 remained unchanged.

LafargeHolcim was the most traded stocks till then with shares worth Tk 74 million changing hands, followed by National Tubes, BBS Cables, Coppertech Industries and National Feed Mills.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw positive trend till then with CSE All Share Price Index- CASPI-gaining 7.0 points to stand at 14,387 points, also at 11:00am.

The Selective Category Index – CSCX – also gained 4.0 points to stand at 8,739 points till then.

Of the issues traded till then, 30 advanced, 24 declined 12 remained unchanged with Tk 17 million in turnover.

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