The Financial Express

Stocks inch higher amid volatility

| Updated: March 14, 2021 14:40:13

Stocks inch higher amid volatility

Stocks inched higher on Thursday with volatility as investors were active on both sides of the trading fence.

Following the previous two days’ moderate correction, the Dhaka Stock Exchange and the Chittagong Stock Exchange saw volatility at the opening.

Within the first hour of trading, the DSEX advanced more than 1.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 35 points at 11:00 am when the report was filed.

DSEX, the prime index of the DSE, went up by 1.05 points or 0.02 per cent to stand 5,564 points till then.

The DS30 index, comprising blue chips, also advanced 1.21 points to reach at 2,151 points. However, the Shariah Index (DSES) fell 0.10 point to stand 1,263 points till then.

Turnover, another important indicator of the market, stood at Tk 2.65 billion within the first hour of trading when the report was filed at 11:00 am.

Of the issues traded till then, 127 advanced, 82 declined and 100 remained unchanged.

LankaBangla Finance is the most traded stock till then following its corporate declaration with shares worth Tk 414 million changing hands, followed by Beximco, Robi, Summit Power and LafargeHolcim Bangladesh.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw a positive note with CSE All Share Price Index- CASPI-gaining 35 points to stand at 16,208, also at 11:00 am.

Of the issues traded till then, 38 gained, 21 declined, and 29 remained unchanged with Tk 95 million in turnover.

[email protected]

Share if you like