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DSE, CSE witness mixed trend in early trading

FE Online Report | Published: November 16, 2017 11:29:35 | Updated: November 17, 2017 12:37:51


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Dhaka Stock Exchange (DSE) saw negative trend while the Chittagong Stock Exchange (CSE) witnessed positive trend in early trading on Thursday as investors followed cautious stance.

Following the previous day’s marginal correction, the Dhaka Stock Exchange and the Chittagong Stock Exchange opened higher amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced nearly 21 points while the Selective Categories Index of port city bourse rose 28 points at 10:45am.

However, it slowed down as the session progressed. After 30 minutes of trading the DSEX fell 4.69 points. But the Selective Categories Index of port city bourse stayed positive, advancing 18 points at 11:00am, when the report was filed.

DSEX, the prime index of the DSE, which replaced the DGEN in nearly five years back, went down by 4.69 points or 0.07 to come down at 6,231 points at 11:00am.

The DS30 index, comprising blue chips also fell 2.75 points or 0.12 per cent to reach at 2,267 points.

However, the DSE Shariah Index (DSES) advanced 2.13 points or 0.16 per cent to 1,371.

Turnover, the important indicator of the market, stood at Tk 1.60 billion when the report was filed.

Of the issues traded till then, 126 advanced, 75 declined and 32 remained unchanged.

Grameenphone was the most traded stocks till then with shares worth Tk 118 million changing hands, closely followed by Square Pharma Tk 108 million, Generation Next Fashions Tk 87 million, Confidence Cement Tk 64 million and City Bank Tk 48 million.

However, the port city bourse saw positive trend till then with its Selective Category Index – CSCX –gaining 18 points to stand at 11,717 points, also at 11:00am.

Of the issues traded till then, 47 gained, 36 declined and 12 issues remained unchanged with Tk 122 million in turnover.

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