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The Financial Express

Stocks open week on choppy trading

| Updated: February 16, 2021 10:15:26


Stocks open week on choppy trading

Stocks witnessed volatility in early trading on Sunday, the first day of the week, as investors mostly followed cautious mode.

Following the previous day’s marginal fall, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on a negative note amid volatile trading.

After the first hour into trade, DSEX fell more than 6.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse dropped 3.0 points at 11:00 am when the report was filed.

DSEX, the prime index of the DSE, went down by 6.30 points or 0.11 per cent to stand 5,478 points till then.

However, two other indices also saw positive trends till then. The DS30 index, comprising blue chips, advanced 2.20 points to reach at 2,112 and the Shariah Index (DSES) rose 1.45 points to stand 1,237 points till then.

Turnover, another important indicator of the market, stood at Tk 2.84 billion within the first hour of trading at 11:00 am.

Of the issues traded till then, 91 advanced, 138 declined and 88 remained unchanged.

Beximco - the flagship company of Beximco Group- was the most traded stock till then with shares worth Tk 863 million changing hands, followed by BATBC, Beximco Pharma, ROBI, and LankaBangla Finance.

The port city bourse – the Chittagong Stock Exchange – also saw modest fall with CSE All Share Price Index- CASPI- losing 3.0 points to stand at 15,881, also at 11:00 am.

Of the issues traded till then, 32 gained, 52 declined, and 17 issues remained unchanged with Tk 93 million in turnover.

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