DSE, CSE open higher ahead of Eid vacation

FE Online Report | Published: August 16, 2018 11:56:35 | Updated: August 18, 2018 10:25:25

The prices of most of the stocks witnessed upward trend in early hour of trading on Thursday as pre-Eid sale pressure eased some extent.

Only two trading sessions are left before Eid-ul-Azha vacation.

Following the previous last session’s marginal correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 41 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 71 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 46 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 95 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 46.40 points or 0.85 per cent to reach at 5,454 points at 11:00am.

The DS30 index, comprising blue chips, also advanced 14 points to reach at 1,915 points.

The DSE Shariah Index gained 7.58 points to reach at 1,250 points till then.

Turnover, the important indicator of the market, stood at Tk 919 million when the report was filed at 11:00am.

Bashundhara Paper Mills was the most traded stocks till then with shares worth Tk 83 million changing hands, followed by BBS Cables Tk 59 million, IFAD Autos Tk 43 million, Active Fine Chemicals Tk 33 million and Monno Ceramic Tk 31 million.

Of the issues traded till then, 192 advanced, 47 declined and 27 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index- CASPI-advancing 95 points to stand at 16,680, also at 11:00am.

The Selective Category Index – CSCX –also gained 60 points to stand at 10,104 points till then.

Of the issues traded till then, 57 gained, 14 declined and 11 issues remained unchanged with Tk 25 million in turnover.


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