Stocks witness marginal rise despite low trading activities

FE Online Report | Published: December 02, 2018 11:35:36 | Updated: December 04, 2018 12:42:50

Photo courtesy: BSEC

The prices of most of the shares witnessed a marginal rise in the early hour of trading on Sunday as investors mostly followed a cautious stance.

Following the previous week’s mild correction, both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw a positive trend amid low trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse advanced more than 5.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 25 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 8.0 points while the CASPI of Chattogram bourse rose 36 points at 11:00am when the report was filed.

The DSEX went up by 8.60 points to stand at 5,289 points at 11:00am.

The DSE Shariah Index also gained 2.49 points to stand at 1,225 points.

However, the DS30 index, comprising blue chips, fell 2.04 points to reach at 1,859 points till then.

Turnover, the important indicator of the market, stood at Tk 1.03 billion on the DSE when the report was filed.

The newly listed companies dominated the turnover chart till then with Advent Pharma was the most traded stocks till then with shares worth Tk 58 million changing hands, closely followed by Kattali Textile, Queen South Textile, Silvia Pharmaceuticals, and Indo-Bangla Pharma.

Of the issues traded till then, 157 advanced, 67 declined, and 42 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange (CSE) saw a positive trend till then with the CASPI gaining 36 points to stand at 16,218 points, also at 11:00am.

The Selective Category Index (CSCX) also rose 21 points to stand at 9,832 points till then.

Of the issues traded till then, 41 gained, 09 declined, and 05 issues remained unchanged with Tk 30 million in turnover.

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