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Stocks witness gains in early trading

FE Online Report | Published: August 19, 2019 11:31:50 | Updated: August 21, 2019 16:08:16


Investors monitoring stock price movements on computer screens at a brockerage house in the capital — FE/Files

The prices of most of the shares on both bourses witnessed an upward trend in early hour of trading on Monday as investors were showing their buying appetite on sector-wise issues.

Following the previous day’s modest gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note with trading activities remained low.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse advanced more than 21 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 75 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 22 points while the CASPI of Chattogram bourse gained 84 points at 11:00am when the report was filed.

The DSEX went up by 22.72 points or 0.43 per cent to stand at 5,239 points at 11:00am.

The DS30 index, comprising blue chips advanced 5.14 points to 1846 points and the DSE Shariah Index (DSES) gained 5.16 points to stand at 1,202 points till then.

Turnover, the important indicator of the market, stood at Tk 876 million when the report was filed.

Of the issues traded till then, 190 advanced, 55 declined, and 59 remained unchanged.

Monno Ceramic was the most traded stocks till filing of this report with shares worth Tk 62 million changing hands, followed by Khulna Power Company, Bangas, Silco Pharma and Monno Jute Stafflers.

The Chittagong Stock Exchange (CSE) also saw a positive trend till then with the CASPI gaining 84 points to stand at 16,041 points, also at 11:00am.

The Selective Category Index (CSCX) also rose 51 points to stand at 9,747 points till then.

Of the issues traded till then, 60 advanced, 28 declined, and 17 remained unchanged with Tk 34 million in turnover.

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