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Bourses witness gains at open

FE Online Report | Published: November 11, 2019 11:38:22 | Updated: November 12, 2019 12:00:20


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

Stocks on bourses witnessed an upward trend in early trading on Monday as some investors were showing their buying appetite on sector-wise shares.

Following the previous week’s upbeat note, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed a positive trend at opening, despite low trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse advanced more than 17 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 12 points at 10:45am.

After 30 minutes of trading, the DSEX gained more than 18 points while the CASPI of Chattogram bourse rose 8.0 points at 11:00am when the report was filed.

The DSEX then went up by 18.44 points or 0.38 per cent to stand at 4,790 points at 11:00am.

The DS30 index, comprising blue chips also gained 6.05 points to stand at 1,663 points while the DSE Shariah Index (DSES) advanced 4.79 points to stand at 1,094 points till then.

Turnover, one of the important indicators of the market, stood at Tk 337 million when the report was filed at 11:00am.

Of the issues traded till then, 142 advanced, 64 declined, and 63 remained unchanged.

Genex Infosys was the most traded stocks till filing of this report with shares worth Tk 39 million changing hands, followed by National Tubes, Sonar Bangla Insurance, Standard Ceramic, and Fortune Shoes.

The Chittagong Stock Exchange (CSE) also saw a positive trend till then with CASPI advancing 8.0 points to stand at 14,491 points, also at 11:00am.

The Selective Category Index (CSCX) also gained 5.0 points to stand at 8,803 points till then.

Of the issues traded till then, 28 advanced, 7 declined, and 5 remained unchanged with Tk 5.0 million in turnover.

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