DSE, CSE open higher on buying spree

FE Online Report | Published: October 05, 2017 11:51:26 | Updated: October 24, 2017 13:12:05


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The prices of most of the shares on both bourses witnessed upward trend in early trading on Thursday as investors continued their buying appetite on sector-specific stocks.

Following the previous day’s upward trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with increasing trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 28 points while the Selective Category Index of port city bourse gained 8.24 points at 10:45am.

After 30 minutes of trading, DSEX gained more than 33 points while the Selective Category Index of port city bourse rose 29 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 33.48 points or 0.54 per cent to stand at 6,193 points at 11:00am.

The two other indices also saw upward trend till then. The DS30 index, comprising blue chips advanced 10.68 points or 0.48 per cent to 2,201 points.

The DSE Shariah Index (DSES) gained 4.96 points or 0.37 per cent to stand at 1,349 points.

Turnover, the important indicator of the market, stood at Tk 1.56 billion when the report was filed at 11:00am.

Of the issues traded till then, 169 advanced, 61 declined and 43 remained unchanged.

The newly listed Aamra Networks dominated the turnover chart till then with shares of Tk 166 million changing hands, closely followed by BBS Cables Tk 100 million, Trust Bank Tk 63 million, Premier Bank Tk 61 million and Uttara Bank Tk 60 million.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with its Selective Category Index – CSCX – advancing 29 points to stand at 11,617 points, also at 11:00am.

Of the issues traded till then, 64 gained, 26 declined and 17 issues remained unchanged with Tk 60 million in turnover.

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