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The Financial Express

Bourses see upward trend at opening

| Updated: April 20, 2018 10:47:33


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The prices of most of the shares on both bourses saw positive trend in early trading on Thursday as investors are showing their buying appetite on sector-wise issues.

Following the previous days’ moderate correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw upward trend in early trading amid rising trading activities.

After one hour of trading, the DSEX gained more than 32 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 31 points at 11:30am when the report was filed.

DSEX, the prime index of the DSE, went up by 32.03 points or 0.55 per cent to reach at 5,855 points at 11:30am.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips, advanced 18.52 points or 0.84 per cent to reach at 2,209 points.

The DSE Shariah Index (DSES) gained 5.49 points or 0.40 per cent to reach at 1,363 points till then.

Turnover, the important indicator of the market, stood at Tk 1293.66 million when the report was filed at 11:30am.

Of the issues traded till then, 161 advanced, 71 declined and 60 remained unchanged.

BRAC Bank was the most traded stocks till then with shares worth Tk 133 million changing hands, followed by Beximco Tk 101 million, Ibn Sina Trust Tk 80 million, Al Arafah Islami Bank Limited Tk 62 million, and United Power Generation & Distribution Company Limited Tk 59 million.

The port city bourse also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 31.61 points to stand at 17,997 also at 11:30am.

The Selective Category Index – CSCX –also gained 16.58 points to stand at 10,878 points.

Of the issues traded till then, 50 gained, 35 declined and 17 issues remained unchanged with Tk 143 million in turnover.

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