DSE, CSE witness slow trend at opening

FE Online Report | Published: December 06, 2018 11:27:17 | Updated: December 08, 2018 13:39:10


Stocks posted marginal gain in early hour of trading on Thursday as some investors are showing their buying appetite on sector-wise issues.

Following the previous four days’ upward movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed positive note amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 2.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 4.0 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 4.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 7.0 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 4.53 points to stand 5,365 points at 11:00am.

The DSE Shariah Index also gained 2.32 points to stand at 1,233 points.

However, the DS30 index, comprising blue chips, fell 2.58 points to reach at 1,869 points till then.

Turnover, the important indicator of the market, stood at Tk 876 million on DSE when the report was filed at 11:00am.

Dragon Sweater was the most traded stocks till then with shares worth Tk 65 million changing hands, closely followed by ML Dyeing Tk 56 million, BBS Cables Tk 45 million, Sonali Aansh Tk 42 million and Ambee Pharma Tk 32 million.

Of the issues traded till then, 156 advanced, 76 declined and 44 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 7.0 points to stand at 16,435 points, also at 11:00am.

The Selective Category Index – CSCX –also rose 3.0 points to stand at 9,948 points till then.

Of the issues traded till then, 42 gained, 37 declined and 16 issues remained unchanged with Tk 28 million in turnover.

babulfexpress@gmail.com

Share if you like