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Stocks mostly positive in early trading

FE Online Report | Published: March 12, 2019 11:59:41 | Updated: March 13, 2019 16:03:29


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The prices of most of the shares on both bourses witnessed a positive trend in early trading on Tuesday as some investors were showing their buying spree on sector-wise issues.

Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note with rising trading activities.

Within first 30 minutes of trading, DSEX, the key index of the country’s prime bourse, advanced more than 20 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 35 points at 11:00am.

After first hour of trading, the DSEX advanced 10.02 points while the CASPI of port city’s bourse rose 57 points at 11:30am when the report was filed.

The DSEX went up by 10.03 points or 0.17 per cent to stand at 5,700 points at 11:30am.

The DS30 index, comprising blue chips, rose 16.29 points to reach at 2015 points till then.

However, the DSE Shariah Index fell 3.26 points to stand at 1,305 points at that time.

Turnover, the important indicator of the market, stood at Tk 1.90 billion on DSE when the report was filed.

BATBC was the most traded stocks till then with shares worth Tk 352 million changing hands, closely followed by Monno Ceramic, Dutch-Bangla Bank, Reckitt Benckiser, and Genex Infosys.

Of the issues traded till then, 74 advanced, 187 declined, and 54 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange (CSE) also saw an upward trend till then with CASPI gaining 57 points to stand at 17,525 points, also at 11:30am.

The Selective Category Index (CSCX) also gained 36 points to stand at 10,619 till then.

Of the issues traded till then, 32 gained, 72 declined and 19 issues remained unchanged with Tk 38 million in turnover.

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