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Stocks mixed after five days of gains in early trading

FE Online Report | Published: December 02, 2019 11:22:33 | Updated: December 03, 2019 15:20:40


Stocks witnessed mixed trend in early hour trading on Monday as investors are active both sides trading fence.

Following the previous five days’ gaining streak, the Dhaka Stock Exchange (DSE) opened on positive note while the Chittagong Stock Exchange (CSE) saw negative trend in early hour with sluggish trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 4.0 points while the CSE All Share Price Index of port city’s bourse fell 5.0 points at 10.45am.

After 30 minutes of trading, DSEX went up more than 5.0 points while the CSE All Share Price Index of port city’s bourse shed 10 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 5.50 points or 0.11 per cent to stand at 4,764 points at 11:00am.

The DS30 index, comprising blue chips advanced 0.03 point to 1,644 points. However, the DSE Shariah Index (DSES) fell 0.19 points to stand at 1,077 points till then.

Turnover, the important indicator of the market, stood at Tk 759 million when the report was filed at 11:00am.

Of the issues traded till then, 153 advanced, 73 declined and 52 remained unchanged.

Paramount Textile was the most traded stocks till then with shares worth Tk 65 million changing hands, followed by United Finance, Dutch-Bangla Bank, LafargeHolcim and Mercantile Insurance.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), saw negative trend till then with CSE All Share Price Index- CASPI-losing 10 points to stand at 14,449 points, also at 11:00am.

The Selective Category Index – CSCX – fell 8.0 points to stand at 8,773 points till then.

Of the issues traded till then, 41 advanced, 26 declined 13 remained unchanged with Tk 17 million in turnover.

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