Bangladesh
5 years ago

Stocks post marginal gains at opening

FE file photo used for representation
FE file photo used for representation

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Updated :

The prices of most of the shares on both the bourses witnessed a positive trend in the early hour of trading on Sunday as some investors remained active on sector-wise issues amid cautious trading ahead of national elections.

Following the previous week’s marginal correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on a positive note amid low trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse advanced more than 5.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 6.0 points at 10:45am.

After 30 minutes of trading, the DSEX advanced nearly 9.0 points while the CASPI of Chattogram bourse rose 5.0 points at 11:00am when the report was filed.

The DSEX went up by 8.90 points or 0.16 per cent to stand at 5,274 points at 11:00am.

The DS30 index, comprising blue chips, gained 2.31 points to reach at 1,844 points till then.

The DSE Shariah Index also advanced 1.61 points to stand at 1,210 points.

Turnover, the important indicator of the market, stood at Tk 468 million on DSE when the report was filed.

Khulna Power Company was the most traded stocks till then with shares worth Tk 82 million changing hands, closely followed by Anlimayarn Dyeing, National Housing Finance, Intech and Daffodil Computers.

Of the issues traded till then, 120 advanced, 93 declined, and 61 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange also saw a positive trend till then with the CASPI advancing 5.0 points to stand at 16,143 points, also at 11:00am.

The Selective Category Index (CSCX) also gained 3.0 points to stand at 9,766 points till then.

Of the issues traded till then, 34 gained, 27 declined, and 11 issues remained unchanged with Tk 11 million in turnover.

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