Published :
Updated :
For all latest news, follow The Financial Express Google News channel.
Stocks opened with a positive trend on Sunday as opportunities investors opted to capitalize on favorable earning-calls and take positions in sector-specific scrips with quick gain potential.
Price hike of selective large-cap stocks such as Grameenphone, IFAD Autos, Dutch-Bangla Bank, Heidelberg Cement and Power Grid led the market index gain in early trading.
Following the previous day’s flat ending, the prime index of the Dhaka Stock Exchange (DSE), went up by 9 points or 0.16 per cent to 5,121 at 11:00 am, when the report was filed.
The DS30 index, a group of 30 prominent companies, also gained 3.0 points to 1,906 while the DSES index, which represents Shariah-based companies, rose 3.0 points to 1,136.
Turnover, another important indicator of the market, stood at Tk 837 million till then.
Of the issues traded till then, 175 advanced, 123 declined, and 76 issues remained unchanged on the DSE trading floor till then.
Non-operational Khulna Printing was the most traded stock with shares worth Tk 41 million changing hands.
The Chittagong Stock Exchange also saw a positive trend till then with its All Shares Price Index (CASPI)—gaining 63 points to 14,357 while the Selective Categories Index – CSCX rose almost 36 points to 8,737 till then.