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The Financial Express

Stocks rise at opening

| Updated: March 02, 2021 17:36:34


Traders, wearing protective gears, monitoring stock price movements on computer screens at a brokerage house in the capital city — FE Photo/Files Traders, wearing protective gears, monitoring stock price movements on computer screens at a brokerage house in the capital city — FE Photo/Files

Stocks witnessed a positive trend in early trading on Sunday as bargain hunters were active on sector-wise issues.

Following the previous week's decline, the Dhaka Stock Exchange and the Chittagong Stock Exchange saw an upturn amid rising trading activities.

Within the first hour of the trading, DSEX advanced more than 36 points while the CSE All Share Price Index (CASPI) of the port city’s bourse gained 48 points at 11:00 when the report was filed.

DSEX, the prime index of the DSE, went up by 36.10 points, or 0.66 per cent, to stand at 5452 points.

Two other indices also saw a positive trend. Of them, DS30 index, comprising blue chips, rose 19.23 points to reach 2,085 and Shariah Index (DSES) gained 6.65 points to stand at 1,232 points.

Turnover, another important indicator of the market, stood at Tk 2.11 billion.

Of the issues traded, 170 advanced, 38 declined and 94 remained unchanged.

Beximco – the flagship company of Beximco Group – was the most traded stocks with shares worth Tk 389 million changing hands, followed by Summit Power, Robi, BATBC, and LafargeHolcim.

The port city bourse, CSE, saw a positive note with CSE All Share Price Index (CASPI) gaining 48 points to stand at 15,697.

Of the issues traded on the CSE, 55 gained, 20 declined, and 27 issues remained unchanged with Tk 60 million in turnover.

 

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