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Stocks open week on positive note

FE Online Report | Published: November 18, 2018 11:46:13 | Updated: November 19, 2018 15:29:21


FE file photo used for representation

The prices of most of the shares on both the bourses witnessed an upward trend in early hour of trading on Sunday as some investors were seen active on sector-wise stocks.

Following the last week’s marginal correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened marginally higher despite low trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse advanced 12 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 27 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 14 points while the CASPI of Chattogram bourse gained 52 points at 11:00am when the report was filed.

The DSEX went up by 14.65 points or 0.27 per cent to stand 5,259 points at 11:00am.

The DSE Shariah Index also gained 4.71 points to stand at 1,212 points. However, the DS30 index, comprising blue chips, fell 2.90 points to reach at 1,853 points till then.

Turnover, the important indicator of the market, stood at Tk 997 million on the DSE when the report was filed at 11:00am.

United Power was the most traded stock till then with shares worth Tk 120 million changing hands, closely followed by Khulna Power, Silva Pharma, Central Pharma, and Active Fine Chemicals.

Of the issues traded till then, 147 advanced, 61 declined, and 28 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange saw a positive trend till then with the CASPI advancing 52 points to stand at 16,108 points, also at 11:00am.

The Selective Category Index (CSCX) also rose 32 points to stand at 9,762 points till then.

Of the issues traded till then, 34 gained, 19 declined, and 09 issues remained unchanged with Tk 24 million in turnover.

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