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Stocks rise; DSEX gains 21 points in early trading

FE Online Report | Published: November 05, 2019 11:35:19 | Updated: November 09, 2019 09:57:50


Stocks witnessed upward trend in early trading on Tuesday as some investors are showing their buying appetite on sector-wise shares.

Following the previous day’s correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher, but turnover remains low.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 30 points while the CSE All Share Price Index of port city’s bourse gained 35 points at 10:45am.

After 30 minutes of trading, DSEX rose more than 21 points while the CSE All Share Price Index of port city’s bourse advanced 40 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 21.60 points or 0.46 per cent to stand at 4,699 points at 11:00am.

The DS30 index, comprising blue chips also gained 6.52 points to 1,633 points. The DSE Shariah Index (DSES) rose 4.09 points to stand at 1,078 points till then.

Turnover, the important indicator of the market, stood at Tk 446 million when the report was filed at 11:00am.

Of the issues traded till then, 185 advanced, 46 declined and 57 remained unchanged.

National Tubes was the most traded stocks till then with shares worth Tk 48 million changing hands, followed by BRAC Bank, Sonar bangle Insurance, VFS Tread Dyeing and Simtex Industries.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw upward trend till then with CSE All Share Price Index- CASPI-gaining 40 points to stand at 14,265 points, also at 11:00am.

The Selective Category Index – CSCX – also rose 23 points to stand at 8,668 till then.

Of the issues traded till then, 45 advanced, 11 declined 13 remained unchanged with Tk 8.0 million in turnover.

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