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The Financial Express

Stocks witness positive trend on buying spree

FE Online Report


Published: February 10, 2020 11:51:19 | Updated: February 11, 2020 18:39:26


Stocks witness positive trend on buying spree

Stocks witnessed positive trend in early hours of trading on Monday as some investors are showing their buying interest on sector-wise issues.

Following the previous day’s big fall, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw upward trend, but trading activities remains low.

After 30 minutes of trading, DSEX advanced more than 14 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 10 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 14.75 points or 0.33 per cent to stand 4,403 points at 11:00am.

Two other indices also saw positive trend till then. The DS30 index, comprising blue chips, rose 4.84 points to reach at 1,497 and the DSE Shariah Index gained 4.52 points to stand at 1,016 points till then.

Turnover, the important indicator of the market, stood at Tk 642 million on DSE when the report was filed at 11:00am.

SK Trims & Industries was the most traded stocks till then with shares worth Tk 60 million changing hands, closely followed by LafargeHolcim Bangladesh, SS Steel, Oimex Electrode and Orion Infusion.

Of the issues traded till then, 160 advanced, 54 declined and 62 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 10 points to stand at 13,422 points, also at 11:00am.

The Selective Category Index – CSCX – also rose 7.0 points to stand at 8,137 points till then.

Of the issues traded till then, 31 advanced, 14 declined 11 issues remained unchanged with Tk 32 million in turnover.

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