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Stocks witnessed upward trend in early hours of trading on Tuesday as investors continued their buying binge on sector specific issues based on earnings declaration.
Following the previous two days’ modest gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on upward trend amid rising trading activities.
After 30 minutes of trading, DSEX gained more than 20 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 9.0 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went up by 20.08 points or 0.44 per cent to stand 4,526 points at 11:00am.
Two other indices also saw positive trend till then. The DS30 index, comprising blue chips, gained 7.95 points to reach at 1,544 and the DSE Shariah Index rose 3.85 points to stand at 1,038 points till then.
Turnover, the important indicator of the market, stood at Tk 955 million on DSE when the report was filed at 11:00am.
LafargeHolcim Bangladesh was the most traded stocks till then with shares worth Tk 84 million changing hands, closely followed by BBS Cables, Summit Power, VFS Thread Dyeing, and Grameenphone.
Of the issues traded till then, 194 advanced, 57 declined and 47 remained unchanged on the DSE trading floor.
The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 9.0 points to stand at 13,720 points, also at 11:00am.
The Selective Category Index – CSCX – also gained 1.08 points to stand at 8,311 points till then.
Of the issues traded till then, 46 advanced, 23 declined 6 issues remained unchanged with Tk 27 million in turnover.