Bangladesh
5 years ago

Investor optimism lifts DSE, CSE at opening

File photo (Collected)
File photo (Collected)

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The prices of most of the shares on both bourses witnessed upward trend in early trading on Tuesday as investors are showing their buying appetite on sector-wise stocks.

Following the previous day’s marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher, but trading activities remains low.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 18 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 21 points at 10:45am.

After 30 minutes of trading, the DSEX gained more than 36 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 30 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 36.99 points or 0.67 per cent to reach at 5,540 points at 11:00am.

The DS30 index, comprising blue chips, also gained 3.39 points to reach at 1985 points till then. The DSE Shariah Index also gained 5.02 points to stand at 1,282 points.

Turnover, the important indicator of the market, stood at Tk 745 million on DSE when the report was filed at 11:00am.

Monno Ceramic Industries was the most traded stocks till then with shares worth Tk 70 million changing hands, closely followed by United Power, Alif Industries, BATBC and Grameenphone.

Of the issues traded till then, 190 advanced, 30 declined and 50 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index- CASPI-advancing 30 points to stand at 16,913 points, also at 11:00am.

The Selective Category Index – CSCX –also advanced 17 points to stand at 10,238 till then.

Of the issues traded till then, 42 gained, 24 declined and 14 issues remained unchanged with Tk 15 million in turnover.

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