Stocks witnessed upward trend in early hour of trading on Thursday as risk-averse investors are showing their buying binge on large-cap issues like GP.
Following the previous two days’ correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 24 points while the CSE All Share Price Index of port city’s bourse gained 50 points at 10:45am.
After 30 minutes of trading, DSEX rose more than 27 points while the CSE All Share Price Index of port city’s bourse gained 88 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went up by 27.40 points or 0.55 per cent to stand at 4,979 points at 11:00am.
Two other indices saw positive trend till then. The DS30 index, comprising blue chips rose 7.35 points to 1,774 points and the DSE Shariah Index (DSES) advanced 7.96 points to stand at 1,153 points till then.
Turnover, the important indicator of the market, stood at Tk 810 million when the report was filed at 11:00am.
Of the issues traded till then, 179 advanced, 69 declined and 62 remained unchanged.
GP was the most traded stocks till then with shares worth Tk 61 million changing hands, followed by National Polymer, National Tubes, Monno Jute Stafflers and Monno Ceramic.
The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw positive trend till then with CSE All Share Price Index- CASPI-gaining 88 points to stand at 15,106 points, also at 11:00am.
The Selective Category Index – CSCX – also rose 54 points to stand at 9,176 points till then.
Of the issues traded till then, 46 advanced, 08 declined 17 remained unchanged with Tk 16 million in turnover.
