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Stocks see rise in early trading

FE Online Report | Published: November 26, 2017 11:34:35 | Updated: November 26, 2017 14:49:49


The prices of most of the shares on both bourses witnessed an upward trend in early trading on Sunday as enthusiastic investors continued their buying spree on sector-wise issues.

Following the previous week’s positive movement, Dhaka Stock Exchange (DSE) Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced nearly 21 points while the CSE All Shares Price Index of the port city bourse rose 38 points at 10:45am.

After 30 minutes of trading, DSEX rose nearly 32 points while CSE All Shares Price Index advanced 60 points at 11:00am, when the report was filed.

DSEX, prime index of DSE went up by 32 points or 0.50 points to reach 6,354 points at 11:00am.

Two other indices of the premier bourse also saw an upward trend till then.

Of those, DS30, comprising blue chips, advanced 8.68 points or 0.38 per cent to reach 2,286 points, and Shariah index o advanced 5.40 points or 0.37 per cent to stand at 1,399 points.

Turnover, an important indicator of the market, stood at Tk 1.23 billion when the report was filed at 11:00am.

Of the issues traded till then, 178 advanced, 46 declined and 38 remained unchanged.

Shahjalal Islami Bank was the most traded stocks till then with shares worth Tk 141 million changing hands, closely followed by Paramount Textile Tk 105 million, BD Thai Aluminum Tk 61 million, BD Welding Tk 56 million and AB Bank Tk 48 million.

Port city bourse CSE saw an upward trend till then with CSE All Shares Price Index –CAPSI –gaining 60 points to stand at 119629 points, also at 11:00am.

The Selective Categories Index of the port city bourse also rose 37 points to reach 11,881 points till th the time mentioned above.

Of the issues traded till then, 55 gained, 30 declined and 13 issues remained unchanged with Tk 35 million in turnover.

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