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DSE, CSE drive gains in early trading

| Updated: December 20, 2018 11:28:43

Shares drive gains in early trading

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 elections.

Following the previous day’s marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed positive trend at opening amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 12 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 15 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 18 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 28 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 18.27 points or 0.35 per cent to stand 5,251 points at 11:00am.

The DS30 index, comprising blue chips, gained 3.09 points to reach at 1,846 points till then. The DSE Shariah Index also advanced 3.42 points to stand at 1,208 points.

Turnover, the important indicator of the market, stood at Tk 552 million on DSE when the report was filed at 11:00am.

The low-cap companies continued to dominate the turnover chart with Prime Life Insurance was the most traded stocks till then with shares worth Tk 36 million changing hands, closely followed by Daffodil Computers, Meghna Life Insurance, United Power and JMI Syringes.

Of the issues traded till then, 193 advanced, 39 declined and 43 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 28 points to stand at 16,075 points, also at 11:00am.

The Selective Category Index – CSCX –also gained 16 points to stand at 9,725 points till then.

Of the issues traded till then, 59 gained, 13 declined and 15 issues remained unchanged with Tk 13 million in turnover.

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