Stocks mostly higher in early trading Sunday

FE Online Report | Published: September 10, 2017 12:08:36 | Updated: October 21, 2017 19:12:08


The prices of most of the shares on both bourses saw an upward trend in the first hour of trading Sunday as investors continued their buying binge on sector-wise stocks.

 

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

 

Within first 30 minutes of trading, the key index of the country’s prime bourse DSE advanced more than 30 points while the Selective Category Index of port city bourse CSE rose 69 points at 10:30am.

 

After first hour of trading, DSEX advanced nearly 22 points while the Selective Category Index of the port city bourse gained 53 points at 11:30am when the report was filed.

 

DSEX, the prime index of the DSE, went up by 22 points or 0.35 per cent to stand at 6,137 points at 11:30am.

 

Two other indices also saw a positive trend till then.

 

DS30 index, comprising blue chips, advanced 7.69 points or 0.36 per cent to 2,186 points, and DSE Shariah Index (DSES) gained 7.67 points or 0.56 per cent to stand at 1,355 points till then.

 

Turnover, an important indicator of the market, stood at Tk 3.72 billion when the report was filed at 11:30am.

 

Of the issues traded till then, 164 advanced, 101 declined and 47 remained unchanged.

 

Lafarge Surma Cement led the turnover chart till then with shares worth Tk 170 million changing hands, closely followed by Summit Power Tk 132 million, Mithun Knitting Tk 125 million, LankaBangla Finance Tk 120 million and Fortune Shoes Tk 118 million.

 

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw an upward trend till then with its Selective Category Index – CSCX –advancing 53 points to stand at 11,521 points, also at 11:03am.

 

Of the issues traded till then, 84 gained, 62 declined and 26 issues remained unchanged with BDT 162 million in turnover.

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