Bangladesh
5 years ago

Stocks mostly higher despite low trading activities

FE file photo used for representation
FE file photo used for representation

Published :

Updated :

The prices of most of the shares on both the bourses witnessed an upward trend in early hour of trading Sunday as some investors were seen active on sector-wise issues.

Following the previous week’s flat movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened marginally higher amid low trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse gained more than 17 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 41 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 22 points while the CASPI of Chattogram bourse rose 55 points at 11:00am when the report was filed.

The DSEX went up by 22.08 points or 0.42 per cent to stand 5,281 points at 11:00am.

The DS30 index, comprising blue chips, also advanced 1.18 points to reach at 1,860 points till then. The DSE Shariah Index also gained 4.72 points to stand at 1,210 points.

Turnover, the important indicator of the market, stood at Tk1.17 billion on the DSE when the report was filed.

Khulna Power Company, of which trading resumed Sunday after a two-day suspension, was the most traded stocks till then with shares worth BDT 92 million changing hands, closely followed by Prime Textile Tk 57 million, BBS Cables Tk 52 million, United Power Tk 45 million, and Intech Tk 43 million.

Of the issues traded till then, 188 advanced, 57 declined, and 32 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange also saw a positive trend till then with the CASPI advancing 55 points to stand at 16,156 points, also at 11:00am.

The Selective Category Index CSCX) also rose 33 points to stand at 9,786 points till then.

Of the issues traded till then, 45 gained, 21 declined, and 08 issues remained unchanged with Tk 25 million in turnover.

[email protected]

Share this news