Stocks seen mostly higher in early trading

FE Online Report | Published: September 05, 2017 12:17:45 | Updated: October 20, 2017 17:04:27


The prices of most of the shares on both bourses saw an upward trend in the first hour of trading Tuesday as investors continued to show their buying appetite on sector-wise issues.

 

After hitting a fresh high of the prime index of the major bourse in the previous day, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened optimistic amid rising trading activities.

 

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced nearly 25 points while the Selective Category Index of the port city bourse rose 30 points at 10:15am.

 

After 30 minutes of trading, DSEX advanced more than 26 points while the Selective Category Index of the port city bourse gained 33 points at 11:00am when the report was filed.

 

DSEX, the prime index of the DSE, went up by 26.58 points or 0.44 per cent to stand at 6,065 points at 11:00am.

 

Two other indices also saw a positive trend till then.

 

Of them, DS30 index, comprising blue chips, advanced 7.71 points or 0.36 per cent to 2,153 points, and DSE Shariah Index (DSES) gained 6.12 points or 0.46 per cent to stand at 1,335 points.

 

Turnover, an important indicator of the market, stood at Tk 1.36 billion when the report was filed at 11:00am.

 

Of the issues traded till then, 167 advanced, 46 declined and 47 remained unchanged.

 

LankaBangla Finance led the turnover chart with shares worth Tk 79 million changing hands, closely followed by C&A Textile Tk 76 million, Fu-Wang Ceramic Tk 71 million, National Bank Tk 68 million and Fortune Shoes Tk 66 million.

 

The port city bourse –Chittagong Stock Exchange – (CSE) also saw an upward trend with its Selective Category Index – CSCX –advancing 33 points to stand at 11,351 points, also at 11:00am.

 

Of the issues traded till then, 57 gained, 26 declined and 11 issues remained unchanged with BDT 45 million in turnover.

 

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