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Stocks open week on optimistic note

FE Online Report | Published: March 10, 2019 11:27:52 | Updated: March 11, 2019 12:24:15


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

Following the previous week’s fall, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher today with rising trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse advanced more than 40 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 55 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 29 points while the CASPI of Chattogram bourse gained 60 points at 11:00am when the report was filed.

The prime index of the DSE went up by 29.95 points or 0.52 per cent to stand at 5,718 points at that time.

The DS30 index, comprising blue chips, advanced 10.51 points to reach at 2000 points till then.

The DSE Shariah Index advanced 5.16 points to stand at 1,308 points at 11:00am.

Turnover, the important indicator of the market, stood at Tk 1.08 billion on DSE when the report was filed.

Monno Ceramic Industries was the most traded stocks till then with shares worth Tk 85 million changing hands, closely followed by United Power, Singer Bangladesh, Dutch-Bangla Bank and Provati Insurance.

Of the issues traded till then, 226 advanced, 38 declined, and 37 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange (CSE) also saw an upward trend till then with the CASPI gaining 60 points to stand at 17,456 points, also at 11:00am.

The Selective Category Index (CSCX) also gained 38 points to stand at 10,575 points at that time.

Of the issues traded till then, 67 gained, 11 declined, and 09 issues remained unchanged with Tk 45 million in turnover.

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