Bangladesh
5 years ago

DSE, CSE advance amid political uncertainty

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The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Wednesday as some investors are active on sector-wise issues amid cautious trading ahead of national elections.

Following the previous five days’ marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed positive trend amid sluggish trading activities.

Within first 15 minutes of trading, 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 10 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 19 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 22 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 19.11 points or 0.36 per cent to stand 5,319 points at 11:00am.

The DS30 index, comprising blue chips, gained 2.98 points to reach at 1,857 points till then.

The DSE Shariah Index also advanced 2.79 points to stand at 1,221 points.

Turnover, the important indicator of the market, stood at Tk 412 million on DSE when the report was filed at 11:00am.

Khulna Power Company was the most traded stocks till then with shares worth Tk 34 million changing hands, closely followed by JMI Syringes, BDCOM Online, Fine Foods and National Life Insurance.

Of the issues traded till then, 175 advanced, 43 declined and 45 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 22 points to stand at 16,243 points, also at 11:00am.

The Selective Category Index – CSCX –also gained 14 points to stand at 9,826 points till then.

Of the issues traded till then, 31 gained, 15 declined and 18 issues remained unchanged with Tk 7.0 million in turnover.

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