DSE, CSE open higher amid rising turnover

FE Online Report | Published: August 29, 2017 12:15:07 | Updated: October 24, 2017 12:33:35


The prices of most of the shares witnessed upward trend in early hour of trading on Tuesday as investors continued to take position on sector-wise large-cap stocks.

 

After hitting record high of the prime index of the major bourse in the previous day, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising turnover.

 

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 18 points while the Selective Category Index of port city bourse rose 29 points at 10:15am.

 

After first 30 minutes of trading, DSEX rose more than 19 points while the Selective Category Index of port city bourse advanced 53 points at 11:00am when the report was filed.

 

DSEX, the benchmark index of the DSE, went up by 19.34 points or 0.32 cent to reach at 5,967 points at 11:00am.

 

Two other indices saw positive trend till then. The DS30 index, comprising blue chips, advanced 4.46 points or 0.21 per cent to 2,126 points. The DSE Shariah Index (DSES) gained 5.20 points or 0.39 to stand at 1,317 points.

 

Turnover, the important indicator of the market, stood at Tk 1.56 billion when the report was filed.

 

IFIC Bank led the transaction chart with shares worth Tk 146 million changing hands, closely followed by BBS Cables Tk 130 million, RAK Ceramic BDT 80 million, BBS Cables BDT 72 million and MJL BD BDT 62 million.

 

Of the issues traded till then, 72 advanced, 58 declined and 37 remained unchanged.

 

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive till then trend with its Selective Category Index – CSCX, gaining 53 points to stand at 11,197 points, also at 11:00am.

Of the issues traded till then, 82 gained, 21 declined and 15 issues remained unchanged with Tk 85 million in turnover.

 

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