Bangladesh
5 years ago

DSE, CSE falter in early trading

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The market witnessed mixed trend in early hour of trading Thursday as investors mostly followed cautious stance ahead on national election.

Following the previous day’s marginal correction, the Dhaka Stock Exchange (DSE) saw negative trend while the Chittagong Stock Exchange (CSE) witnessed marginally higher with low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse fell 2.35 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 7.0 points at 10:45am.

After 30 minutes of trading, the DSEX fell 0.32 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 11 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 0.32 points to stand 5,245 points at 11:00am.

The DS30 index, comprising blue chips, also fell 1.89 points to reach at 1,858 points till then.

However, the DSE Shariah Index also gained 0.39 points to stand at 1,207 points.

Turnover, the important indicator of the market, stood at Tk 1.0 billion on DSE when the report was filed at 11:00am.

SK Trims Industries the most traded stocks till then with shares worth BDT 120 million changing hands, closely followed by Khulna Power, United Power, Silva Pharma and Intech.

Of the issues traded till then, 89 advanced, 95 declined and 41 remained unchanged on the DSE trading floor.

However, the port city’s bourse – the Chittagong Stock Exchange – (CSE), saw positive trend till then with CSE All Share Price Index- CASPI-advancing 11 points to stand at 16,085 points, also at 11:00am.

The Selective Category Index – CSCX –also rose 7.0 points to stand at 9,746 points till then.

Of the issues traded till then, 29 gained, 22 declined and 08 issues remained unchanged with Tk 32 million in turnover.

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