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Stocks rise amid thin trading; DSEX gains 23 points

FE Online Report | Published: May 16, 2019 11:38:02 | Updated: May 20, 2019 11:11:03


The prices of most of the shares on bourses rose in early trading on Thursday, while the DSEX gained 23 points, as some investors showed their buying appetite on sector-wise issues.

Following the previous four days’ fall, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend, but trading activities remained low.

Within first 30 minutes of trading, the key index of the country’s prime bourse DSEX advanced 22 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 20 points at 10:30am.

After first hour of trading, the DSEX advanced more than 23 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 24 points at 11:00am when the report was filed.

The DSEX went up by 23.94 points or 0.46 per cent to reach at 5,219 points at 11:00am.

The DS30 index, comprising blue chips, also gained 6.79 points to reach at 1,819 points till then. The DSE Shariah Index also rose 4.77 points to stand at 1,198 points.

Turnover, the important indicator of the market, stood at Tk 512 million on DSE when the report was filed at 11:00am.

Of the issues traded till then, 198 advanced, 35 declined and 44 remained unchanged on the DSE trading floor.

Fortune Shoes was the most traded stocks till then with shares worth Tk 58 million changing hands, closely followed by Beacon Pharma, Brac Bank, IFIC and Power Grid Company.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with CSE All Share Price Index- CASPI-gaining 24 points to stand at 15,936 points, also at 11:00am.

The Selective Category Index – CSCX –also gained 11 points to stand at 9,643 till then.

Of the issues traded till then, 49 gained, 18 declined and 13 issues remained unchanged with Tk 27 million in turnover.

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