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Stocks rise; DSEX gains 27 points in early trading

FE Online Report | Published: November 27, 2019 11:44:22 | Updated: November 28, 2019 11:58:31


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

Following the previous two days’ 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 30 points while the CSE All Share Price Index of port city’s bourse rose 35 points at 10.45am.

After 30 minutes of trading, DSEX went up more than 27 points while the CSE All Share Price Index of port city’s bourse gained more than 55 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 27.16 points or 0.57 per cent to stand at 4,749 points at 11:00am.

The DS30 index, comprising blue chips also went up by 12.83 points to 1,647 points. The DSE Shariah Index (DSES) advanced 7.53 points to stand at 1,082 points till then.

Turnover, the important indicator of the market, stood at Tk 1.06 billion when the report was filed at 11:00am.

Of the issues traded till then, 171 advanced, 77 declined and 56 remained unchanged.

LafargeHolcim was the most traded stocks till then with shares worth Tk 126 million changing hands, followed by Sonar Bangla Insurance, Shuwrid Industries, City Bank and Fortune Shoes.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw positive trend till then with CSE All Share Price Index- CASPI-gaining 55 points to stand at 14,369 points, also at 11:00am.

The Selective Category Index – CSCX – also gained 26 points to stand at 8,723 points till then.

Of the issues traded till then, 68 advanced, 26 declined 17 remained unchanged with Tk 35 million in turnover.

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