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The Financial Express

DSE, CSE witness volatility at opening

| Updated: October 29, 2019 15:23:09


Bourses witness volatility at opening

Stocks witnessed volatile trading in early hour on Tuesday as investors are mostly followed cautious stance amid ongoing depressed market outlook.

Following the previous day’s sharp decline, the Dhaka Stock Exchange (DSE) saw positive trend while the Chittagong Stock Exchange (CSE) witnessed negative trend in early trading.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 7.0 points while the CSE All Share Price Index of port city’s bourse lost 12 points at 10:45am.

After 30 minutes of trading, DSEX gained more than 4.0 points while the CSE All Share Price Index of port city’s bourse fell 14 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 4.38 points or 0.09 per cent to stand at 4,703 points at 11:00am.

The DS30 index, comprising blue chips also gained 0.76 points to 1,649 points. The DSE Shariah Index (DSES) advanced 3.60 points to stand at 1,078 points till then.

Turnover, the important indicator of the market, stood at Tk 650 million when the report was filed at 11:00am.

Of the issues traded till then, 152 advanced, 110 declined and 52 remained unchanged.

National Tubes was the most traded stocks till then with shares worth Tk 61 million changing hands, followed by Monno Ceramic Monno Jute Stafflers, Legacy Footwear and Standard Ceramic.

However, the port city’s bourse – the Chittagong Stock Exchange – (CSE), saw downward trend till then with CSE All Share Price Index- CASPI-losing 14 points to stand at 14,311 points, also at 11:00am.

The Selective Category Index – CSCX – also shed 8 points to stand at 8,702 points till then.

Of the issues traded till then, 45 advanced, 42 declined 13 remained unchanged with Tk 17 million in turnover.

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