Markets witness uptrend in early trading

FE Online Report | Published: March 13, 2019 11:43:09 | Updated: March 14, 2019 16:33:40


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The prices of most of the shares on both bourses witnessed an upward trend in early trading on Wednesday as investors were mostly showing their buying spree on sector-wise issues.

Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher today with rising trading activities.

Within first 30 minutes of trading, DSEX, the key index of the country’s prime bourse, advanced more than 15 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 50 points at 11:00am.

After first hour of trading, the DSEX advanced more than 28 points while the CASPI of port city’s bourse rose 89 points at 11:30am when the report was filed.

The DSEX went up by 28.26 points or 0.49 per cent to stand at 5,710 points at that time.

The DS30 index, comprising blue chips, rose 1.47 points to reach at 2015 points till then.

The DSE Shariah Index also gained 0.28 points to stand at 1,304 points at 11:30am.

Turnover, the important indicator of the market, stood at Tk 2.06 billion on DSE when the report was filed.

Dutch-Bangla Bank was the most traded stocks till then with shares worth Tk 330 million changing hands, closely followed by BATBC, United Power, Uttara Bank, and Monno Ceramic.

Of the issues traded till then, 132 advanced, 129 declined, and 18 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange (CSE) also saw an upward trend till then with the CASPI gaining 89 points to stand at 17,511 points, also at 11:30am.

The Selective Category Index (CSCX) also gained 54 points to stand at 10,611 till then.

Of the issues traded till then, 44 gained, 35 declined, and 18 issues remained unchanged with Tk 26 million in turnover.

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