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Stocks rise; DSE gains 9 points at opening

FE Online Report | Published: June 10, 2019 12:15:43 | Updated: June 10, 2019 18:18:09


Stocks witnessed upward trend in early hour of trading on Monday as investors showed their buying spree on sector-wise issues.

Following the previous day’s upward trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw upward trend amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 12 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 45 points at 10:45am.

After 30 minutes of trading, the key index of the country’s prime bourse advanced more than 9.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 50 points at 11:00am.

DSEX, the prime index of the DSE, went up by 9.46 points or 0.17 per cent to stand at 5,412 points at 11:00am.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips advanced 1.76 points to 1890 points.

The DSE Shariah Index (DSES) gained 4.02 points to stand at 1,224 points till then.

Turnover, the important indicator of the market, stood at Tk 986 million when the report was filed at 11:00am.

Of the issues traded till then, 161 advanced, 88 declined and 36 remained unchanged.

Alif Industries was the most traded stocks till then with shares worth Tk 68 million changing hands, followed by Khulna Power, United Power, Safko Spinning and BATBC.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw upward trend till then with CSE All Share Price Index- CASPI- advancing 50 points to stand at 16,569 points, also at 11:00am.

The Selective Category Index – CSCX –also rose 31 points to stand at 10,036 till then.

Of the issues traded till then, 63 gained, 20 declined and 13 issues remained unchanged with Tk 30 million in turnover.

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