Stocks witness mixed trend in early trading

Published: June 04, 2017 09:47:24 | Updated: October 22, 2017 19:43:39

The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed mixed trend in early trading on Sunday, the first trading session after budget declaration, as investors followed cautious stance.

Following the previous week’s marginal gain, the DSE saw negative trend while Chittagong Stock Exchange (CSE) witnessed positive trend after first hour of trading at 11:00am.

After first hour of trading, the DSEX, the prime index of the DSE stands at 5437 points, losing 1.72 points while the Selective Category Index of port city bourse advanced 11 points at 11:00am.

DSEX, the core index of the DSE went down by 1.72 points or 0.03 per cent to stand at 5,437 points when the report was filed at 11:00am.

However, the two other indices saw positive trend till then.  The DS30 index, comprising blue chips advanced 1.90 points or 0.09 per cent to stand at 2025 points. The DSE Shariah Index (DSES) rose 2.93 points or 0.23 per cent to reach at 1262 points at 11:00am.

Turnover, the crucial indicator of the market, stands at Tk 1.32 billion on the DSE, when the report was filed at 11:00am.

MJL Bangladesh topped the turnover chart with shares worth Tk 122 million changing hands till then, closely followed by United Power Tk 88 million, Regent Textile Tk 69 million, Ratanpur Steels Tlk 68 million and LankaBangla Tk 64 million.

Of the issues traded till then, 92 advanced, 109 declined and 63 issues remained unchanged till 11:00am.

However, the port city bourse, the CSE, saw positive trend till then with its Selective Category Index – CSCX – advancing 11 points to stand at 10,218 points, also at 11:00am.

Of the issues traded till then, 47 gained, 35 declined and 22 remained unchanged with a turnover value of Tk 45 million.

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