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Stocks opened on a positive trend on Tuesday with the key index of the Dhaka bourse crossing the 5200-mark riding on the news that the Finance Adviser is going to hold a meeting with the stakeholders.
Meanwhile, Finance Adviser Salehuddin Ahmed will visit Dhaka Stock Exchange (DSE) today (Tuesday) to discuss the current market situation with the stakeholders.
Following the news, stocks opened positively aided by the price appreciation of particular large-cap stocks, as opportunistic investors outnumbered on the trading floor and aimed their buying interest in anticipation of quick gains.
Following the previous day’s rise, the prime index of the Dhaka Stock Exchange (DSE), went up by 31 points or 0.31 per cent to 5,230 at 11:00 am, when the report was filed.
The DS30 index, a group of 30 prominent companies, gained 6 points to 1,939 while DSES index, which represents Shariah-based companies, rose 10 points to 1,171.
Turnover, another important indicator of the market, stood at Tk 1.15 billion till then.
Of the issues traded till then, 282 advanced, 35 declined, and 47 issues remained unchanged on the DSE trading floor till then.
Khan Brothers PP Woven Bag Industries was the most traded stock with shares worth Tk 75 million changing hands.
The Chittagong Stock Exchange saw a positive trend till then with its All Shares Price Index (CASPI)—gaining 36 points to 14,406 while the Selective Categories Index – CSCX rose almost 22 points to 8,830 till then.