Markets open on positive note


FE Online Report | Published: March 06, 2019 11:38:19 | Updated: March 08, 2019 11:18:18


FE file photo

The prices of most of the shares on both the bourses witnessed a positive trend in early trading on Wednesday as some investors were showing their buying appetite on sector-wise shares.

Following the previous day’s marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened positive with low trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse, advanced more than 12 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 30 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 5.0 points while the CASPI of port city’s bourse gained 40 points at 11:00am when the report was filed.

The prime index of the DSE went up by 5.72 points or 0.10 per cent to stand at 5,693 points till then.

The DSE Shariah Index advanced 0.93 points to stand at 1,305 points also at 11:00am.

However, the DS30 index, comprising blue chips, fell 4.18 points to reach at 1991 points at that time.

Turnover, the important indicator of the market, stood at Tk 1.06 billion on DSE when the report was filed.

Singer Bangladesh was the most traded stocks till then with shares worth Tk 129 million changing hands, closely followed by Alif Industries, Monno Ceramic, Dutch-Bangla Bank, and Fortune Shoes.

Of the issues traded till then, 145 advanced, 78 declined, and 59 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange (CSE) also saw a positive trend till then with the CASPI gaining 40 points to stand at 17,443 points, also at 11:00am.

The Selective Category Index (CSCX) also gained 24 points to stand at 10,568 points till then.

Of the issues traded till then, 42 gained, 16 declined, and 13 issues remained unchanged with Tk 17 million in turnover.

babulfexpress@gmail.com

 

Share if you like