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The prices of most of the shares on both the bourses witnessed a positive trend in the early hour of trading on Monday as some investors remained active on sector-wise issues amid cautious trading ahead of national elections.
Following the previous four days’ marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on a positive note despite low trading activities.
Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse advanced more than 14 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 0.44 points at 10:45am.
After 30 minutes of trading, the DSEX advanced nearly 15 points while the CASPI of Chattogram bourse rose 0.28 points at 11:00am when the report was filed.
The DSEX went up by 14.67 points or 0.28 per cent to stand at 5,296 points at 11:00am.
The DS30 index, comprising blue chips, gained 3.76 points to reach at 1,854 points till then.
The DSE Shariah Index also advanced 3.28 points to stand at 1,217 points.
Turnover, the important indicator of the market, stood at Tk 487 million on the DSE when the report was filed at 11:00am.
Khulna Power Company was the most traded stocks till then with shares worth Tk 48 million changing hands, closely followed by Paramount Textile, Beximco, BDCOM Online and Shahjalal Islami Bank.
Of the issues traded till then, 165 advanced, 52 declined, and 45 remained unchanged on the DSE trading floor.
The Chittagong Stock Exchange also saw a positive trend till then with the CASPI advancing 0.44 points to stand at 16,197 points, also at 11:00am.
The Selective Category Index (CSCX) also gained 1.32 points to stand at 9,798 points till then.
Of the issues traded till then, 43 gained, 19 declined, and 15 issues remained unchanged with Tk 13 million in turnover.