The Financial Express

Shares drive gains at opening

| Updated: January 26, 2019 10:19:46

Shares drive gains at opening

The prices of most of the shares on bourses witnessed upward trend in early hour of trading Wednesday as investors are showing buying spree on sector-wise issues.

Following the previous day’s upturn, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 36 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 72 points at 10:45 am.

After 30 minutes of trading, the DSEX rose more than 36 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 70 points at 11:00 am when the report was filed.

DSEX, the prime index of the DSE, went up by 36.40 points or 0.62 per cent to stand 5,899 points at 11:00 am.

The DS30 index, comprising blue chips, also rose 8.73 points to reach at 2,037 points till then. The DSE Shariah Index gained 6.52 points to stand at 1,337 points.

Turnover, the important indicator of the market, stood at Tk 1.97 billion on DSE when the report was filed at 11:00 am.

Dhaka Bank was the most traded stocks till then with shares worth Tk 69 million changing hands, followed by Pharma Aids, United Power, Wata Chemicals and United Finance.

Of the issues traded till then, 202 advanced, 63 declined and 39 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange –also saw upward trend till then with CSE All Share Price Index- CASPI-gaining 70 points to stand at 18,028 points, also at 11:00 am.

The Selective Category Index – CSCX –also advanced 44 points to stand at 10,891 points till then.

Of the issues traded till then, 61 gained, 36 declined and 05 issues remained unchanged with Tk 28 million in turnover.

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