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Stocks rise; DSEX gains 22 points in early trading

FE Online Report | Published: November 26, 2019 12:30:34 | Updated: November 27, 2019 11:46:51


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

Following the previous day’s modest gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 16 points while the CSE All Share Price Index of port city’s bourse rose 20 points at 10.45am.

After 30 minutes of trading, DSEX went up more than 22 points while the CSE All Share Price Index of port city’s bourse gained more than 27 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 22.73 points or 0.48 per cent to stand at 4,716 points at 11:00am.

The DS30 index, comprising blue chips also went up by 0.60 points to 1,636 points. The DSE Shariah Index (DSES) advanced 4.42 points to stand at 1,081 points till then.

Turnover, the important indicator of the market, stood at Tk 819 million when the report was filed at 11:00am.

Of the issues traded till then, 209 advanced, 47 declined and 37 remained unchanged.

Sonar Bangla Insurance was the most traded stocks till then with shares worth Tk 39 million changing hands, followed by LankaBangla Finance, VFS Thread Dyeing, DBBL and BBS Cables.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw positive trend till then with CSE All Share Price Index- CASPI-gaining 27 points to stand at 14,283 points, also at 11:00am.

The Selective Category Index – CSCX – also gained 15 points to stand at 8,679 points till then.

Of the issues traded till then, 54 advanced, 13 declined 13 remained unchanged with Tk 18 million in turnover.

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