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Stocks mixed in cautious trading in early trading

FE Online Report | Published: September 30, 2019 11:29:14 | Updated: October 01, 2019 11:43:54


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

Following the previous two days’ marginal gain, the Dhaka Stock Exchange (DSE) saw downward trend while the Chittagong Stock Exchange (CSE) witnessed positive in early trading.

Within first 15 minutes of trading, the key index of the country’s prime bourse fell 4.0 points while the CSE All Share Price Index of port city’s bourse gained 10 points at 10:45am.

After 30 minutes of trading, DSEX lost more than 5.0 points while the CSE All Share Price Index of port city’s bourse gained 20 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 5.10 points or 0.10 per cent to stand at 4,970 points at 11:00am.

Two other indices saw negative trend till then. The DS30 index, comprising blue chips shed 2.66 points to 1,765 points and the DSE Shariah Index (DSES) lost 2.02 points to stand at 1,147 points till then.

Turnover, the important indicator of the market, stood at Tk 754 million when the report was filed at 11:00am.

Of the issues traded till then, 115 advanced, 120 declined and 69 remained unchanged.

Bangladesh Shipping Corporation was the most traded stocks till then with shares worth Tk 55 million changing hands, followed by Fortune Shoes, Monno Jute Stafflers, Eastern Insurance and Golden Harvest Agro Industries.

However, the port city’s bourse – the Chittagong Stock Exchange – (CSE), saw positive trend till then with CSE All Share Price Index- CASPI-gaining 20 points to stand at 15,129 points, also at 11:00am.

The Selective Category Index – CSCX – also rose 12 points to stand at 9,190 points till then.

Of the issues traded till then, 31 advanced, 16 declined 15 remained unchanged with Tk 22 million in turnover.

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