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Stocks witnessed upward trend in early hours of trading on Wednesday, the opening day of the New Year, as optimistic investors are showing their appetite on sector-wise issues.
Following the previous three days’ gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note, but trading activities remains low.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 23 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 20 points at 10:45am.
After 30 minutes of trading, the DSEX rose more than 14 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 21 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went up by 14.82 points or 0.33 per cent to stand 4,467 points at 11:00am.
The DS30 index, comprising blue chips, also gained 1.83 points to reach at 1,515 points. The DSE Shariah Index rose 5.50 points to stand at 1,005 points till then.
Turnover, the important indicator of the market, stood at Tk 377 million on DSE when the report was filed at 11:00am.
Standard Ceramic was the most traded stocks till then with shares worth Tk 31 million changing hands, closely followed by Khulna Power, BDCOM Online, Beacon Pharma and ML Dyeing.
Of the issues traded till then, 197 advanced, 34 declined and 36 remained unchanged on the DSE trading floor.
The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index- CASPI-advancing 21 points to stand at 13,527 points, also at 11:00am.
The Selective Category Index – CSCX – also gained 14 points to stand at 8,201 points till then.
Of the issues traded till then, 35 advanced, 13 declined 8 issues remained unchanged with Tk 9.0 million in turnover.