Prices of most of the shares on both bourses witnessed upward trend in early trading Monday as investors are active on sector-wise issues amid ongoing quarterly earnings declarations.
Following the previous eight days’ 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 5.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 4.0 points at 10:45am.
After 30 minutes of trading, the DSEX rose more than 14 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 7.0 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went up by 14.37 points or 0.25 per cent to reach at 5,573 points at 11:00am.
The DS30 index, comprising blue chips, also advanced 6.0 points or 0.28 per cent to reach at 2,081 points.
The DSE Shariah Index (DSES) advanced 3.41 points or 0.26 per cent to reach at 1,305 points till then.
Turnover, the important indicator of the market, stood at Tk 378 million when the report was filed at 11:00am.
Of the issues traded till then, 141 advanced, 48 declined and 37 remained unchanged.
Western Marine Shipyard was the most traded stocks till then with shares worth Tk 41 million changing hands, closely followed by Usmania Glass Tk 30 million, United Power Tk 26 million, HR Textile Tk 17 million and Beximco Tk 16 million.
The port city’s bourse also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 7.0 points to stand at 17,188, also at 11:00am.
The Selective Category Index – CSCX –also gained 4.0 points to stand at 10,454 points till then.
Of the issues traded till then, 27 gained, 19 declined and 9 issues remained unchanged with Tk 14 million in turnover.