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Stocks mixed as investor sentiment remains fragile

FE Online Report | Published: October 02, 2019 11:45:58 | Updated: October 03, 2019 15:50:26


Stocks witnessed mixed trend in early hour of trading on Wednesday as investors were active on both sides of trading fence.

Following the previous day’s flat ending, the Dhaka Stock Exchange (DSE) saw downturn while the Chittagong Stock Exchange (CSE) witnessed positive in early trading.

Within first 10 minutes of trading, the key index of the country’s prime bourse gained 12 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 fell more than 6.0 points while the CSE All Share Price Index of port city’s bourse gained 21 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 6.42 points or 0.12 per cent to stand at 4,943 points at 11:00am.

Two other indices saw negative trend till then. The DS30 index, comprising blue chips lost 2.88 points to 1,756 points and the DSE Shariah Index (DSES) shed 2.01 points to stand at 1,138 points till then.

Turnover, the important indicator of the market, stood at Tk 522 million when the report was filed at 11:00am.

Of the issues traded till then, 125 advanced, 95 declined and 56 remained unchanged.

National Tubes was the most traded stocks till then with shares worth Tk 37 million changing hands, followed by Eastern Cables, JMI Syringes, Summit Power and Monno Jute Stafflers.

However, the port city’s bourse – the Chittagong Stock Exchange – (CSE), saw positive trend till then with CSE All Share Price Index- CASPI-gaining 21 points to stand at 15,153 points, also at 11:00am.

The Selective Category Index – CSCX – also rose 13 points to stand at 9,153 points till then.

Of the issues traded till then, 33 advanced, 20 declined 12 remained unchanged with Tk 10 million in turnover.

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