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The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Wednesday as investors are action on sector-wise issues amid ongoing dividend declaration session.
Following the previous two sessions’ sharp decline, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend at opening, but trading activities remains low.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 13 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 1.64 points at 10:45am.
After 30 minutes of trading, the DSEX rose more than 40 points while the CASPI advanced 39 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went up by 40.12 points or 0.73 per cent to reach at 5,532 points at 11:00am.
The two other indices also saw upward trend till then. The DS30 index, comprising blue chips, advanced 13.73 points or 0.66 per cent to reach at 2,070 points.
The DSE Shariah Index (DSES) gained 5.92 points or 0.45 per cent to reach at 1,309 points.
Turnover, the important indicator of the market, stood at Tk 314 million when the report was filed at 11:00am.
Of the issues traded till then, 165 nudged higher, 31 declined and 36 remained unchanged.
Renata was the most traded stocks till then with shares worth Tk 101 million changing hands, followed by Salvo Chemical Tk 16 million, BBS Cables Tk 13 million, Mercantile Bank Tk 12 million and Monno Ceramic Tk 10 million.
The port city bourse—CSE—also saw upward trend till then with CSE All Share Price Index- CASPI-gaining 39 points to stand at 16985, also at 11:00am.
The Selective Category Index – CSCX –also gained 23 points to stand at 10,261 points till then.
Of the issues traded till then, 33 gained, 14 declined and 11 issues remained unchanged with Tk 8.0 million in turnover.