Stocks edge up amid rising trading activities

FE Online Report | Published: July 18, 2018 11:50:22 | Updated: July 19, 2018 10:37:07


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Stocks eked out some gains in early hour of trading Wednesday as some investors are showing buying appetite on sectors amid ongoing earnings declaration.

Following the previous day’s downturn, 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 nearly 19 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 59 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 12 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 7.0 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 12.34 points or 0.23 per cent to reach at 5,337 points at 11:00am.

The DS30 index, comprising blue chips, also advanced 1.75 points to reach at 1,896 points.

The DSE Shariah Index gained 5.58 points to reach at 1,268 points till then.

Turnover, the important indicator of the market, stood at Tk 2.0 billion when the report was filed at 11:00am.

KDS Accessories was the most traded stocks till then with shares worth Tk 275 million changing hands, followed by Monno Ceramic Industries Tk 92 million, Bashundhara Paper Tk 85 million, Aman Feed Tk 83 million and Aramit Tk 65 million.

Of the issues traded till then, 152 advanced, 73 declined and 49 remained unchanged on the DSE trading floor.

The port city’s bourse also saw positive trend till then with CSE All Share Price Index- CASPI-gaining 7.0 points to stand at 16,392, also at 11:00am.

The Selective Category Index – CSCX –also advanced 0.48 points to stand at 9,905 points till then.

Of the issues traded till then, 62 gained, 35 declined and 15 issues remained unchanged with Tk 140 million in turnover.

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