Bangladesh
6 years ago

DSE, CSE open week on upbeat note

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The prices of most of the stocks on bourses witnessed upward trend in early hour of trading Sunday as some investors are showing buying spree on sector specific stocks.

Following the previous week’s negative trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.

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 (CASPI) of port city’s bourse gained 10 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 15 Points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 30 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 15.55 points or 0.28 per cent to reach at 5,516 points at 11:00am.

Two other indices also saw positive trend till then. The DS30 index, comprising blue chips, advanced 3.99 points to reach at 1,923 points and the DSE Shariah Index rose 3.12 points to stand at 1,274 points at 11:00am.

Turnover, the important indicator of the market, stood at Tk 1.86 billion on DSE when the report was filed at 11:00am.

The Peninsula Chittagong was the most traded stocks till then with shares worth Tk 190 million changing hands, closely followed by Khulna Power Company Tk 155 million, Active Fine Chemicals Tk 125 million, Singer BD Tk 115 million and IFAD Autos Tk 98 million.

Of the issues traded till then, 124 advanced, 85 declined and 49 remained unchanged on the DSE trading floor.

The port city’s bourse–CSE—saw positive trend till then with CSE All Share Price Index- CASPI-advancing 30 points to stand at 17,029, also at 11:00am.

The Selective Category Index – CSCX –also gained 20 points to stand at 10,322 points till then.

Of the issues traded till then, 38 gained, 34 declined and 14 issues remained unchanged with Tk 35 million in turnover.

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