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Stocks manage some gains in early trading

FE Online Report | Published: October 03, 2019 11:27:38 | Updated: October 05, 2019 10:37:10


Stocks witnessed positive trend in early hour of trading on Thursday as a section of investors are showing their appetite on sector-wise issues.

Following the previous day’s marginal correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed positive, but trading activities remains low.

Within first 15 minutes of trading, the key index of the country’s prime bourse gained more than 20 points while the CSE All Share Price Index of port city’s bourse rose 15 points at 10:40am.

After 30 minutes of trading, DSEX advanced more than 18 points while the CSE All Share Price Index of port city’s bourse gained 19 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 18.05 points or 0.36 per cent to stand at 4,954 points at 11:00am.

Two other indices saw positive trend till then. The DS30 index, comprising blue chips gained 2.58 points to 1,761 points and the DSE Shariah Index (DSES) rose 3.62 points to stand at 1,139 points till then.

Turnover, the important indicator of the market, stood at Tk 495 million when the report was filed at 11:00am.

Of the issues traded till then, 194 advanced, 48 declined and 50 remained unchanged.

National Tubes was the most traded stocks till then with shares worth Tk 44 million changing hands, followed by SEML FBLSL Growth Fund, SEML Lecture Equity Management Fund, Standard Ceramic and Beacon Pharma.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw positive trend till then with CSE All Share Price Index- CASPI-gaining 19 points to stand at 15,060 points, also at 11:00am.

The Selective Category Index – CSCX – also rose 10 points to stand at 9,147 points till then.

Of the issues traded till then, 36 advanced, 11 declined 10 remained unchanged with Tk 9.0 million in turnover.

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