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DSE, CSE post slight gain at opening

FE Online Report | Published: August 08, 2019 11:50:39 | Updated: August 10, 2019 11:17:56


Stocks posted a slight gain in early trading on Thursday as investors were active both sides of trading fence ahead of Eid festival.

Today is the last trading day on the bourses as 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 flat ending, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note amid sluggish trading activities.

 Within first 15 minutes of trading, the key index of the country’s prime bourse gained 1.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 20 points at 10:45am.

After 30 minutes of trading, the DSEX remained positive with 0.60 point gain while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 23 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 0.60 point or 0.01 per cent to stand 5,187 points at 11:00am.

Two other indices, however, saw downward trend till then. The DS30 index, comprising blue chips, fell 2.32 points to reach at 1,834 points till then. The DSE Shariah Index lost 0.86 points to stand at 1,189.

Turnover, the important indicator of the market, stood at Tk 423 million on DSE when the report was filed at 11:00am.

JMI Syringes was the most traded stocks till then with shares worth Tk 30 million changing hands, closely followed by Bangas, Sinobangla Industries, United Power and Monno Ceramic.

Of the issues traded till then, 157 advanced, 97 declined and 46 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), saw positive trend till then with CSE All Share Price Index- CASPI-gaining 23 points to stand at 15,875 points, also at 11:00am.

The Selective Category Index – CSCX – also gained 14 points to stand at 9,647 points till then.

Of the issues traded till then, 34 advanced, 21 declined 06 remained unchanged with Tk 15 million in turnover.

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