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Stocks mostly higher in early trading Tuesday

| Updated: November 29, 2017 11:10:18

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The prices of most of the shares on both bourses saw upward trend in early trading on Tuesday as some investors continued their buying spree on sector-wise issues.

Following the previous day’s marginal correction, the Dhaka Stock Exchange (DSE) the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 15 points while the CSE All Shares Price Index of port city bourse rose 32 points at 10:45am.

After 30 minutes of trading, the DSEX rose more than 23 points while CSE All Shares Price Index advanced 39 points at 11:00am, when the report was filed.

DSEX, the prime index of the DSE, which replaced the DGEN in nearly five years back, went up by 23.48 points or 0.37 points to reach at 6,326 points at 11:00am.

The two other indices also saw upward trend till then. The DS30 index, comprising blue chips advanced 6.40 points or 0.28 per cent to reach at 2,274 points.

The DSE Shariah Index (DSES) also advanced 3.72 points or 0.26 per cent to stand at 1,391 points.

Turnover, the important indicator of the market, stood at Tk 1.41 billion when the report was filed at 11:00am.

Of the issues traded till then, 169 advanced, 54 declined and 48 remained unchanged.

United Power was the most traded stocks till then with shares worth Tk 137 million changing hands, closely followed by Standard Bank with Tk 92 million, National Tubes Tk 82 million, Pubali Bank Tk 70 million and BD Thai Aluminum Tk 53 million.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Shares Price Index –CAPSI –gaining 39 points to stand at 19,546 points, also at 11:00am.

The Selective Categories Index of the port city bourse also rose 21 points to reach at 11,825 points till then.

Of the issues traded till then, 65 gained, 28 declined and 10 issues remained unchanged with Tk 62 million in turnover.

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