Stocks see positive note in early trading

FE Online Report | Published: October 17, 2017 11:49:11 | Updated: October 24, 2017 19:59:07


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The prices of most of the shares on both bourses witnessed positive trend in early trading on Tuesday as investors are active on sector-wise issues.

Following the previous day’s marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened positive amid thin participation of investors.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 10.93 points while the Selective Category Index of port city bourse gained 16 points at 10:45am.

After first hour of trading, DSEX advanced more than 20 points while Selective Category Index of the CSE gained 22 points at 11:30am when the report was filed.

DSEX, the prime index of the DSE, went up by 20.43 points or 0.34 per cent to stand at 6,034 points at 11:30am.

The DSE Shariah Index (DSES) also advanced 0.42 points or 0.03 per cent to stand at 1,319 points.

However, the DS30 index, comprising blue chips fell 3.05 points or 0.14 per cent to 2,186 points at 11:30am.

Turnover, the important indicator of the market, stood at Tk 1.54 billion after first hour of trading when the report was filed at 11:30am.

Of the issues traded till then, 195 advanced, 52 declined and 33 remained unchanged.

Newly listed Aamra Networks dominated the turnover chart till then with shares of Tk 144 million changing hands, closely followed by Square Pharma with Tk 112 million, Mercantile Bank Tk 86 million, Mutual Trust Bank Tk 85 million, and Brac Bank Tk 58 million.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with its Selective Category Index – CSCX –advancing 22 points to stand at 11,309 points, also at 11:00am.

Of the issues traded till then, 76 gained, 27 declined and 20 issues remained unchanged with Tk 49 million in turnover.

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