Stocks witness mixed trend in early trading

FE Online Report | Published: October 31, 2017 13:13:15 | Updated: November 01, 2017 13:34:19


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Stocks witnessed mixed trend in early trading on Tuesday as investors are active both sides of trading fence amid ongoing earnings and dividend declaration session.

Following the previous day’s flat closing, the Dhaka Stock Exchange (DSE) saw negative trend while the Chittagong Stock Exchange (CSE) saw positive trend amid slow trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse fell 3.73 points while the Selective Category Index of the port city bourse advanced 3.32 points at 10:45am.

After first hour of trading, the DSEX lost 3.74 points while the Selective Category Index of the port city bourse rose 14 points at 11:30am when the report was filed.

DSEX, the prime index of the DSE, went down by 3.74 points or 0.06 per cent to 5,992 points at 11:30am.

The DS30 index, comprising blue chips also fell 3.67 points or 0.16 per cent to reach at 2,159.

However, the DSE Shariah Index (DSES) advanced 1.60 points or 0.12 per cent to 1,312 points.

Turnover, an important indicator of the market, stood at Tk 1.21 billion after first hour of trading when the report was filed at 11:30am.

Of the issues traded till then, 178 advanced, 79 declined and 38 remained unchanged.

BBS Cables was the most traded stocks till then with shares worth Tk 50 million changing hands, closely followed by Monno Ceramic BDT with 45 million, Aamra Networks Tk 37 million, Salvo Chemicals Tk 32 million and Gemini Sea Food Tk 28 million.

However, the port city bourse – the Chittagong Stock Exchange –saw positive trend till then with its Selective Category Index – CSCX –advancing 14 points to stand at 11,242 points, also at 11:30am.

Of the issues traded till then, 90 gained, 39 declined and 6 remained unchanged with Tk 357 million in turnover.

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