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Stocks positive in early trading

FE Online Report | Published: November 27, 2018 11:29:16 | Updated: December 04, 2018 12:42:52


FE file photo used for representation

The prices of most of the shares on both the bourses saw a positive trend in the early hour of trading on Tuesday as investors were showing their buying binge on sector-wise stocks.

Following the previous day’s flat movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed an upward trend with rising trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse advanced more than 19 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 15 points at 10:45am.

After 30 minutes of trading, the DSEX rose more than 18 points while the CASPI of Chattogram bourse advanced 14 points at 11:00am when the report was filed.

The DSEX went up by 18.96 points or 0.35 per cent to stand at 5,298 points at 11:00am.

The DS30 index, comprising blue chips, rose 2.74 points to reach at 1,860 points till then. The DSE Shariah Index also gained 6.15 points to stand at 1,230 points.

Turnover, the important indicator of the market, stood at Tk 1.40 billion on DSE when the report was filed at 11:00am.

Berger Paints was the most traded stocks till then with shares worth Tk 124 million changing hands, followed by Western Marine Shipyard Tk 74 million, Shepherd Industries Tk 69 million, Saiham Cotton Mills Tk 57 million, and United Power Tk 47 million.

Of the issues traded till then, 164 advanced, 47 declined, and 43 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange (CSE) saw a positive trend till then with the CASPI gaining 14 points to stand at 16,192 points, also at 11:00am.

The Selective Category Index (CSCX) also rose 9.0 points to stand at 9,818 points till then.

Of the issues traded till then, 42 gained, 17 declined, and 14 issues remained unchanged with Tk 27 million in turnover.

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