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The Financial Express

DSE, CSE witness bullish trend at opening

| Updated: November 21, 2017 13:38:53


Stocks witness bullish trend

Stocks witnessed bullish trend in early trading on Monday as investors are active on sector specific issues, after the core index hitting all time record on Sunday.

Within the first hour of trading, the key index of the country’s prime bourse advanced 17 points while the Selective Category Index of port city bourse advanced 33 points.

DSEX, the prime index of the DSE, went up by 17.53 points or 0.27 per cent to stand at 6,324 points at 11:30am. The index crossed 6300 point-mark in the previous session, the highest ever mark since inception of the broad index.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips advanced 2.57 points or 0.11 per cent to reach at 2,292 points.

The DSE Shariah Index (DSES) gained 8.37 points or 0.60 per cent to stand at 1392 points.

Turnover, the important indicator of the market, stood at Tk 3.17 billion after the first hour trading when the report was filed at 11:30am.

Of the issues traded till then, 153 advanced, 80 declined and 67 remained unchanged.

AB Bank was the most traded stocks till then with shares worth Tk 558 million changing hands, followed by Lanka Bangla with Tk 342 million, Square Pharma with Tk 236 million, and Dhaka Bank with Tk 223 million.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with its Selective Category Index – CSCX –advancing 33 points to stand at 11,864 points, also at 11:30am.

Of the issues traded till then, 80 gained, 48 declined and 24 issues remained unchanged with Tk 115 million in turnover.

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