Stocks witnessed positive trend in early hour of trading on Monday as investors are showing their buying spree on sector-wise issues.
Following the previous day’s correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed positive trend amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 20 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 16 points at 10:45am.
After 30 minutes of trading, the DSEX advanced nearly 21 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 6.0 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went up by 20.93 points to stand 5,327 points at 11:00am.
The DS30 index, comprising blue chips, also advanced 1.85 point to reach at 1,857 points till then. The DSE Shariah Index, however, advanced 4.41 points to stand at 1,226 points.
Turnover, the important indicator of the market, stood at Tk 966 million on DSE when the report was filed at 11:00am.
National Tea Company was the most traded stocks till then with shares worth Tk 53 million changing hands, closely followed by Pharma Aids Tk 50 million, Sonali Aansh Tk 49 million, Wata Chemicals Tk 35 million and Aramit Tk 35 million.
Of the issues traded till then, 167 advanced, 72 declined and 47 remained unchanged on the DSE trading floor.
The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw positive trend till then with CSE All Share Price Index- CASPI-gaining 6.0 points to stand at 16,263 points, also at 11:00am.
The Selective Category Index – CSCX –also rose 3.0 points to stand at 9,839 points till then.
Of the issues traded till then, 39 gained, 32 declined and 13 issues remained unchanged with Tk 57 million in turnover.