The Financial Express

Bourses witness positive trend in early trading

| Updated: May 26, 2018 11:34:43

Bourses erase some losses at opening

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

Following the previous two days’ fall, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened negative amid low trading activities.

Within first 30 minutes of trading, the key index of the country’s prime bourse fell more than 3.58 points while the CSE All Share Price Index (CASPI) of port city bourse gained 55 points at 10:30am.

However, it came back quickly and after first hour of trading, the DSEX advanced more than 34 points while the CSE All Share Price Index (CASPI) of port city bourse gained 2.30 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 34 points or 0.64 per cent to reach at 5,395 points at 11:00am.

The DS30 index, comprising blue chips, also advanced 14 points to reach at 2002 points. The DSE Shariah Index (DSES) also gained 3.32 points or 0.26 per cent to reach at 1,254 points till then.

Turnover, the important indicator of the market, stood at Tk 1.28 billion when the report was filed at 11:00am.

Of the issues traded till then, 177 advanced, 59 declined and 38 remained unchanged.

Intraco Refueling Station was the most traded stocks till then with shares worth Tk 155 million changing hands, closely followed by Miracle Industries Tk 98 million, Sinobangla Industries Tk 67 million, BRAC Bank Tk 62 million and Legacy Footwear Tk 45 million.

The Chittagong Stock Exchange also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 2.30 points to stand at 16,613, also at 11:00am.

The Selective Category Index – CSCX –gained 1.72 points to stand at 10,047 points till then.

Of the issues traded till then, 48 gained, 45 declined and 15 issues remained unchanged with Tk 36 million in turnover.

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