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DSE, CSE open higher after record highs

FE Online Report | Published: November 27, 2017 11:36:06 | Updated: November 27, 2017 22:33:21


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The prices of most of the shares on both bourses saw upward trend in early trading Monday, after two indexes of the main bourse hits new all-time record high on Sunday, as enthusiastic investors continued their buying spree on sector-wise issues.

Following the previous day’s bullish trend, the Dhaka Stock Exchange (DSE) the Chittagong Stock Exchange (CSE) opened higher amid rising 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 Shares Price Index (CASPI) of port city bourse rose 29 points at 10:45am.

After 30 minutes of trading, the DSEX rose 13.74 points while CSE All Shares Price Index advanced 48 points at 11:00am, when the report was filed.

DSEX, the prime index of the DSE, which replaced the DGEN in nearly five years back, went up by 13.74 points or 0.21 points to reach at 6,350 points at 11:00am.

The two other indices also saw upward trend till then. The DS30 index, comprising blue chips advanced 6.85 points or 0.30 per cent to reach at 2,287 points.

The DSE Shariah Index (DSES) also advanced 2.42 points or 0.17 per cent to stand at 1,396 points.

Turnover, the important indicator of the market, stood at Tk 1.92 billion when the report was filed at 11:00am.

Of the issues traded till then, 156 advanced, 72 declined and 44 remained unchanged.

LankaBangla Finance was the most traded stocks till then with shares worth Tk 398 million changing hands, closely followed by AB Bank with Tk 112 million, Islami Bank Tk 108 million, Fu-Wang Food Tk 75 million and Paramount Textile Tk 68 million.

The port city bourse also saw upward trend till then with CAPSI gaining 48 points to stand at 19,648 points, also at 11:00am.

The Selective Categories Index of the CSE also rose 28 points to reach at 11,890 points till then.

Of the issues traded till then, 60 gained, 37 declined and 20 issues remained unchanged with Tk 80 million in turnover.

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