Dhaka, Chittagong stock exchanges open positive amid slow trend

FE Online Report | Published: August 30, 2017 11:43:21 | Updated: October 22, 2017 16:32:44


Logos of Dhaka and Chittagong stock exchanges are seen in this combination photo. File Photo

Stocks witnessed volatility in the first hour of trading on Wednesday amid slow movement as most of the investors followed cautious stance just ahead of Eid-ul-Azha vacation.

 

There are only one trading session left before start of the Eid-ul-Azha vacation.

 

After closing flat on the previous day, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened positive amid slow movement of index.

 

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 0.42 points while the Selective Category Index of the port city bourse rose nearly 7.0 points at 10:15am.

 

DSEX, the benchmark index of the DSE, went up by 2.70 points or 0.04 cent to reach 5,951 points at 11:00am.

 

Two other indices also saw a positive trend till then.

 

Of them, DS30 index, comprising blue chips, advanced 0.34 points or 0.01 per cent to 2,125 points. DSE Shariah Index (DSES) gained 2.99 points or 0.22 to stand at 1,319 points.

 

Turnover, an important indicator of the market, stood at Tk 1.15 billion when the report was filed at 11:00am.

 

Al-Haj Textile led the transaction chart with shares worth Tk 102 million changing hands, closely followed by RAK Ceramic Tk 76 million, Fortune Shoes Tk 57 million, BDCOM Online Tk 56 million and RN Spinning Tk 55 million.

 

Of the issues traded till then, 130 advanced, 79 declined and 49 remained unchanged.

 

Port city bourse CSE also saw a positive trend with its Selective Category Index, CSCX, gaining 19 points to stand at 11,176 points till 11:00am.

 

Of the issues traded till then, 47 gained, 32 declined and 18 issues remained unchanged with Tk 57 million in turnover.  

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