Bangladesh
5 years ago

Stocks mostly higher amid rising trading activities

FE file photo used for representation
FE file photo used for representation

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The prices of most of the shares on both the bourses witnessed a positive trend in the early hour of trading on Sunday as investors remained active on sector-wise issues.

Following the previous week’s sharp correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with rising trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse advanced more than 16 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 35 points at 10:45am.

After 30 minutes of trading, the DSEX gained more than 14 points while the CASPI of Chattogram bourse advanced 15 points at 11:00am when the report was filed.

The DSEX went up by 14.52 points or 0.25 per cent to stand at 5,835 points at 11:00am.

The DS30 index, comprising blue chips, also gained 0.97 point to reach at 2,008 points till then.

The DSE Shariah Index advanced 2.25 points to stand at 1,312 points.

Turnover, the important indicator of the market, stood at Tk 2.04 billion on the DSE when the report was filed at 11:00am.

Bangladesh Submarine Cable Company was the most traded stocks till then with shares worth Tk 383 281 million changing hands, closely followed by United Power, Provati Insurance, GP, and Monno Stallflers.

Of the issues traded till then, 184 advanced, 88 declined and 42 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange also saw an upward trend till then with the CASPI gaining 15 points to stand at 17,908 points, also at 11:00am.

The Selective Category Index (CSCX) also gained 9.0 points to stand at 10,825 points till then.

Of the issues traded till then, 57 gained, 35 declined, and 13 issues remained unchanged with Tk 55 million in turnover.

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