Bourses see positive trend in early trading

FE Online Report | Published: August 30, 2018 11:39:36 | Updated: September 03, 2018 10:53:37


The prices of most of the stocks on bourses witnessed positive trend in early hour of trading on Thursday as investors are showing their buying appetite on sector-wise issues.

Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.

Within first 15 minutes of trading, 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 28 points at 10:45am.

After 30 minutes of trading, the DSEX rose more than 20 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 46 points at 11:00 am when the report was filed.

DSEX, the prime index of the DSE, went up by 20.50 points or to reach at 5,623 points at 11:00 am.

The DS30 index, comprising blue chips, also gained 2.07 points to reach at 1,969 points.

The DSE Shariah Index advanced 4.30 points to stand at 1,274 points till then.

Turnover, the important indicator of the market, stood at Tk 1.36 billion when the report was filed at 11:00am.

Khulna Power Company was the most traded stocks till then with shares worth Tk 148 million changing hands, closely followed by Peninsula Chittagong Tk 85 million, National Housing Finance Tk 73 million, IPDC Finance Tk 52 million and BDCOM Online Tk 51 million.

Of the issues traded till then, 164 advanced, 74 declined and 39 remained unchanged on the DSE trading floor.

The port city’s bourse also saw positive trend till then with CSE All Share Price Index- CASPI-gaining 46 points to stand at 17,282, also at 11:00 am.

The Selective Category Index – CSCX –also gained 28 points to stand at 10,468 points till then.

Of the issues traded till then, 65 gained, 30 declined and 12 issues remained unchanged with Tk 52 million in turnover.

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