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Stocks mostly higher in early trading Wednesday

FE Online Report | Published: January 17, 2018 11:23:03 | Updated: January 17, 2018 15:21:10


The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Wednesday as optimistic investors are active on sector-specific issues.

Following the previous day’s notable gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher, but trading activities remains low.

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 (CAPSI) of port city’s bourse rose 52 points at 10:45am.

After first 30 minutes of trading, the key index of the country’s prime bourse gained more than 20 points while the CSE All Share Price Index (CAPSI) rose 79 points at 11:00am, when the report was filed.

DSEX, the prime index of the DSE, went up by 20.21 points or 0.32 per cent to reach at 6,149 points.

The two other indices also saw positive. The DS30 index, comprising blue chips advanced 2.74 points or 0.12 per cent to 2,250.

The DSE Shariah Index (DSES) gained 8.07 points or 0.58 per cent to stand at 1,398 points.

Turnover, the important indicator of the market, stood at only Tk 559 million when the report was filed.

Of the issues traded till then, 137 advanced, 49 declined and 58 remained unchanged.

Square Pharma was the most traded stocks till then with shares worth Tk 158 million changing hands, followed by Dragon Sweater Tk 42 million, Shepherd Industries Tk 25 million, BD Thai Aluminium Tk 18 million and National Bank Tk 17 million.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend with CSE All Share Price Index- CAPSI- advancing 79 points to stand at 18,964 points, also at 11:00am.

The Selective Category Index – CSCX –also gained 49 points to stand at 11,454 points till then.

Of the issues traded till then, 40 gained, 12 declined and 11 issues remained unchanged with Tk 40 million in turnover.

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