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The prices of most of the shares on both bourses witnessed an upward trend in early hour of trading on Sunday as investors were active on sector-wise stocks amid optimism.
Following the previous week’s downward trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher, but trading activities remained low.
Within first 15 minutes of trading, DSEX - the key index of the country’s prime bourse advanced more than 43 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 55 points at 10:45am.
After 30 minutes of trading, the DSEX rose more than 48 points while the CSE All Share Price Index (CASPI) of Chittagong bourse advanced 76 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went up by 48.25 points or 0.86 per cent to reach at 5,629 points at 11:00am.
The two other indices also saw upward trend till then. The DS30 index, comprising blue chips, advanced 14 points or 0.68 per cent to reach at 2,096 points.
The DSE Shariah Index (DSES) also gained 11 points or 0.87 per cent to reach at 1,333 points till then.
Turnover, the important indicator of the market, stood at Tk 328 million when the report was filed at 11:00am.
Of the issues traded till then, 193 advanced, 21 declined, and 22 remained unchanged.
Salvo Chemicals was the most traded stocks till then with shares worth Tk 31 million changing hands, closely followed by Mercantile Bank Tk 23 million, BRAC Bank Tk 18 million, Unique Hotel Tk 12 million, and Fine Foods Tk 12 million.
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index- CASPI-gaining 76 points to stand at 17,315, also at 11:00am.
The Selective Category Index – CSCX –also gained 46 points to stand at 10,461 points till then.
Of the issues traded till then, 58 gained, 12 declined, and 5 issues remained unchanged with Tk 15 million in turnover.