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The prime index of the Dhaka Stock Exchange (DSE) crossed the 6200-mark again at opening on Wednesday as investors are showing their appetite, particularly on insurance and mutual funds issues.
Following the previous day’s marginal correction, DSEX, the prime index of the DSE, went up by 31.68 points or 0.51 per cent to reach at 6,228 within the first 30 minutes of trading when the report was filed at 10:30 am.
The market index holds its firm position at above 6,000 points marks as buying support added strength to the equity indices despite worries over the virus-infused shock to the country’s economy.
Market experts said the investors are hopeful about the market as the government has kept the undisclosed money investment opportunity in the capital market in the new fiscal year and regulatory decision to keep the market open during the lockdown.
Two other indices saw an upward trend till then with the DS30 index, comprising blue chips, gained 16.24 points to reach 2,245 and the Shariah Index (DSES) rose 8.14 points to stand 1,333 points till then.
Turnover, another important indicator of the market, stood at Tk 2.40 billion within the first 30 minutes of trading at 10:30 am.
Of the issues traded till then, 219 advanced, 81 declined and 44 remained unchanged on the DSE trading floor till then.
Beximco was the most traded stock till then with shares worth Tk 210 million changing hands, closely followed by Orion Pharma, LankaBangla Finance, Aman Feed, and IT Consultant.
The port city bourse – the Chittagong Stock Exchange – (CSE) also opened higher with CSE All Share Price Index- CASPI-gaining 49 points to stand at 18,005, also at 10:30 am.
Of the issues traded till then 76 advanced, 42 declined and 20 remained unchanged with Tk 63 million in turnover.