The prices of most of the shares on both bourses witnessed a positive trend in the first hour of trading Tuesday amid volatility as some investors were active on sector-wise issues.
After facing marginal correction on the previous day, 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 21 points while the Selective Category Index of the port city bourse CSE rose 15 points at 10:45am.
Since then it started to slow down. After 30 minutes of trading, DSEX advanced 2.21 points while the Selective Category Index of CSE rose 6.48 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went up by 2.21 points or 0.01 per cent to stand at 6,153 points at 11:00am.
Two other indices also saw a positive trend till then.
Of them, DS30 index, comprising blue chips advanced 0.23 points or 0.01 per cent to 2,209, and DSE Shariah Index (DSES) gained 2.30 points or 0.16 per cent to stand at 1,374 till then.
Turnover, an important indicator of the market, stood at Tk 1.89 billion when the report was filed at 11:00am.
Of the issues traded till then, 140 advanced, 99 declined and 47 remained unchanged.
LankaBangla Finance led the turnover chart till then with shares worth Tk 164 million changed hands, closely followed by FAS Finance Tk 106 million, MJL Bangladesh Tk 97 million, Paramount Textile Tk 48 million and BBS Cables Tk 48 million.
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw a upward trend till then with its Selective Category Index – CSCX – advancing 6.48 points to stand at 11,539 points, also at 11:00am.
Of the issues traded till then, 49 gained, 34 declined, and 26 issues remained unchanged with BDT 44 million in turnover.