DSE, CSE witness uptrend despite low trading

FE Online Report | Published: August 28, 2018 12:04:10 | Updated: August 29, 2018 11:20:36


FE file photo used for representation

The prices of most of the stocks on both bourses saw an upward trend in early hour of trading on Tuesday as investors were showing their buying appetite on sector specific stocks.

Following the previous day’s marginal correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note amid low trading activities.

Within first 15 minutes of trading, DSEX, 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 39 points at 10:45am.

After first hour of trading, the DSEX rose more than 31 points while the CASPI of Chattogram bourse advanced 76 points at 11:30am when the report was filed.

The DSEX went up by 31.66 points or 0.56 per cent to reach at 5,616 points at 11:30am.

The DS30 index, comprising blue chips, also gained 5.69 points to reach at 1,970 points.

The DSE Shariah Index rose 2.52 points to stand at 1,275 points till then.

Turnover, the important indicator of the market, stood at Tk 2.08 billion when the report was filed at 11:30am.

United Power was the most traded stocks till then with shares worth Tk 258 million changing hands, closely followed by IPDC Finance Tk 147 million, National Housing Finance Tk 90 million, International Leasing Tk 84 million, and LankaBangla Finance Tk 57 million.

Of the issues traded till then, 153 advanced, 94 declined, and 57 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange also saw an upward trend till then with the CASPI gaining 76 points to stand at 17,289, also at 11:30am.

The Selective Category Index (CSCX) also gained 47 points to stand at 10,469 points till then.

Of the issues traded till then, 81 gained, 37 declined and 28 issues remained unchanged with Tk 261 million in turnover.

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