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Stocks witnessed positive trend in early hour of trading on Thursday as some investors are active on sector-wise issues amid cautious trading ahead of national elections.
Following the previous two days’ marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) added some gains amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 21 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 14 points at 10:45am.
After 30 minutes of trading, the DSEX advanced nearly 20 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 18 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went up by 19.99 points or 0.38 per cent to stand 5,262 points at 11:00am.
The DS30 index, comprising blue chips, gained 5.0 points to reach at 1,841 points till then. The DSE Shariah Index also advanced 4.06 points to stand at 1,208 points.
Turnover, the important indicator of the market, stood at Tk 668 million on DSE when the report was filed at 11:00am.
The low-cap companies continued to dominate the turnover chart with Envoy Textile was the most traded stocks till then with shares worth Tk 37 million changing hands, closely followed by FAS Finance, Intech, Anlimayarn Dyeing, and BDCOM Online.
Of the issues traded till then, 177 advanced, 58 declined and 44 remained unchanged on the DSE trading floor.
The port city’s bourse – the Chittagong Stock Exchange (CSE)—also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 18 points to stand at 16,065 points, also at 11:00am.
The Selective Category Index – CSCX –also gained 11 points to stand at 9,719 points till then.
Of the issues traded till then, 52 gained, 23 declined and 12 issues remained unchanged with Tk 38 million in turnover.