Dhaka stocks see modest gain in early trading

Dhaka stocks witnessed modest gain in early trading on Tuesday as some investors were active on sector specific shares ahead of monetary policy statement (MPS).

Following the previous day’s marginal gain, the Dhaka Stock Exchange (DSE) opened on positive note while the Chittagong Stock Exchange (CSE) saw negative in early trading.

Within first 15 minutes of trading, the key index of the country’s prime bourse remained almost flat points while the CSE All Share Price Index (CASPI) of port city’s bourse fell gained 15 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 13 points while the CSE All Share Price Index (CASPI) of port city’s bourse fell 4.0 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 13.20 points or 0.25 per cent to stand 5,173 points at 11:00am.

The DSE Shariah Index also gained 2.94 points to stand at 1,189 points. However, the DS30 index, comprising blue chips, fell 1.22 points to reach at 1,843 points till then.

Turnover, the important indicator of the market, stood at Tk 880 million on DSE when the report was filed at 11:00am.

Square Pharma was the most traded stocks till then with shares worth Tk 66 million changing hands, closely followed by BATBC, Beacon Pharma, Monno Ceramic and Monno Jute Stafflers.

Of the issues traded till then, 175 advanced, 88 declined and 56 remained unchanged on the DSE trading floor.

However, the port city’s bourse – the Chittagong Stock Exchange – (CSE) saw negative trend till then with CSE All Share Price Index- CASPI-losing 4.0 points to stand at 15,790 points, also at 11:00am.

The Selective Category Index – CSCX – also fell 6.0 points to stand at 9,592 points till then.

Of the issues traded till then, 59 advanced, 35 declined 24 remained unchanged with Tk 23 million in turnover.

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