Stocks open positive amid slow trading activities

FE Online Report | Published: July 23, 2017 09:27:28 | Updated: October 22, 2017 12:32:29


The prices of most of the shares on both bourses saw positive trend in early hour of trading Sunday as investors are showing their buying appetite on sector specific issues.

After facing correction in the past week, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed upward trend amid slow trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced nearly 14 points while the Selective Category Index of port city bourse rose 4.0 points at 10:45am.

After 30 minutes of trading, DSEX advanced 7.38 points while the Selective Category Index of port city bourse gained 4.0 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 7.38 points or 0.12 per cent to stand at 5,790 points at 11:00am.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips advanced 2.87 points or 0.13 per cent to 2,125 points. The DSE Shariah Index (DSES) advanced 2.15 points or 0.16 per cent to stand at 1,316 points till then.

Turnover, the important indicator of the market, stood at only Tk 671 million when the report was filed at 11:00am.

Of the issues traded till then, 135 advanced, 63 declined and 49 remained unchanged.

Navana CNG led the transaction chart of the DSE till then with shares worth Tk 55 million changing hands, followed by Mercantile Bank Tk 40 million, IFAD Autos Tk 35 million, Aman Feed Tk 25 million and LankaBangla Finance Tk 24 million.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with its Selective Category Index – CSCX –advancing 4.0 points to stand at 10,848 points, also at 11:00am.

Of the issues traded till then, 45 gained, 23 declined and 18 issues remained unchanged with BDT 27 million in turnover.

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