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DSE, CSE open mixed ahead of Eid holidays

FE Online Report | Published: August 07, 2019 12:04:27 | Updated: August 08, 2019 11:55:52


Stocks witnessed mixed trend in early trading on Wednesday as investors were active both sides of trading fence ahead of Eid festival.

Trading and official activities on the bourses will remain closed nine days from August 9 to August 17, including weekly holidays, on the occasion of Eid-ul-Azha, one of the biggest religious festivals of the Muslims.

Following the previous day’s positive note, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note.

Within first 15 minutes of trading, the key index of the country’s prime bourse gained 19 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 10 points at 10:45am.

After that it started to decline. After 30 minutes of trading, the DSEX remained positive with 5.0 points gain while the CSE All Share Price Index (CASPI) of port city’s bourse fell 20 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 5.31 points or 0.10 per cent to stand 5,192 points at 11:00am.

Two other indices, however, saw downward trend till then. The DS30 index, comprising blue chips, fell 0.70 point to reach at 1,835 points till then. The DSE Shariah Index lost 1.64 points to stand at 1,192.

Turnover, the important indicator of the market, stood at Tk 831 million on DSE when the report was filed at 11:00am.

JMI Syringes was the most traded stocks till then with shares worth Tk 121 million changing hands, closely followed by Khulna Power, Coppertech Industries, Monno Ceramic and Monno Stafflers.

Of the issues traded till then, 146 advanced, 102 declined and 58 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), saw negative trend till then with CSE All Share Price Index- CASPI-losing 20 points to stand at 15,852 points, also at 11:00am.

The Selective Category Index – CSCX – also fell 13 points to stand at 9,633 points till then.

Of the issues traded till then, 40 advanced, 25 declined 13 remained unchanged with Tk 70 million in turnover.

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