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Stocks rise amid low turnover at opening

FE Online Report | Published: November 09, 2017 11:25:07 | Updated: November 10, 2017 12:09:42


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The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Thursday as investors are active on sector-wise stocks.

Following the previous three days’ upturn, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher, but turnover activities remains low.

Within first 15 minutes of trading, key index of the country’s prime bourse advanced more than 17 points while the Selective Category Index of port city bourse rose 25 points at 10:45am when the report was filed.

DSEX, prime index of the DSE, went up by 17.60 points or 0.28 to reach at 6,176 points at 10:45am.

The two other indices also saw upward trend till then. DS30 index, comprising blue chips also advanced 7.12 points or 0.32 per cent to 2,237.

The DSE Shariah Index (DSES) gained 4.30 points or 0.32 per cent to stand at 1,341 points.

Turnover, an important indicator of the market, stood at Tk 569 million when the report was filed at 10:45am.

Of the issues traded till then, 119 advanced, 51 declined and 36 remained unchanged.

Keya Cosmetics was the most traded stocks with shares worth Tk 94 million changing hands, closely followed by Square Pharma Tk 36 million, LankaBangla Finance Tk 30 million, Dhaka Bank Tk 26 million and IDLC Finance Tk 25 million.

The port city bourse – the Chittagong Stock Exchange –also saw upward with its Selective Category Index – CSCX –advancing 25 to stand at 11,580 points, also at 10:45am.

Of the issues traded till then, 28 gained, 15 declined and 5 issues remained unchanged with Tk 22 million in turnover.

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