The Financial Express

Bourses witness upward trend amid low turnover

| Updated: May 14, 2018 11:58:34

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Prices of most of the stocks on both bourse witnessed upward trend in early trading Sunday as investors were seen active on sector-wise issues amid ongoing earnings declarations of financial companies.

Following the week-long bearish trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher, but turnover remained low.

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 15 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 37 points at 11:00am when the report was filed.

DSEX – the prime index of the DSE – went up by 20.42 points or 0.36 per cent to reach at 5,607 points at 11:00am.

The DS30 index, comprising blue chips, also advanced 14.74 points or 0.71 per cent to reach at 2,088 points.

The DSE Shariah Index (DSES) advanced 2.31 points or 0.17 per cent to reach at 1,309 points till then.

Turnover, the important indicator of the market, stood at Tk 762 million when the report was filed at 11:00am.

Of the issues traded till then, 140 advanced, 62 declined, and 52 remained unchanged.

Beximco was the most traded stocks till then with shares worth Tk 78 million changing hands, closely followed by Queen South Textile Tk 58 million, Western Marine Shipyard Tk 52 million, BSRM Tk 51 million, and Legacy Footwear Tk 44 million.

The port city’s bourse – Chittagong Stock Exchange (CSE) – also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 37 points to stand at 17,297, also at 11:00am.

The Selective Category Index – CSCX –also gained 25 points to stand at 10,454 points till then.

Of the issues traded till then, 36 gained, 35 declined, and 9 issues remained unchanged with Tk 31 million in turnover.


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