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The Financial Express

Bourses post marginal gain in early trading

FE Online Report | Published: December 24, 2019 11:32:38 | Updated: December 26, 2019 11:09:27


Bourses post marginal gain in early trading

Stocks witnessed marginal gain in early hours of trading on Tuesday as investors mostly followed cautious stance.

After hitting fresh 42-month, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 15 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 14 points at 10:45am.

After 30 minutes of trading, the DSEX rose more than 7.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 11 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 7.26 points or 0.16 per cent to stand 4,401 points at 11:00am.

The DS30 index, comprising blue chips, also gained 3.16 points to reach at 1,497 points. The DSE Shariah Index rose 3.0 points to stand at 984 points till then.

Turnover, the important indicator of the market, stood at Tk 287 million on DSE when the report was filed at 11:00am.

Standard Ceramic was the most traded stocks till then with shares worth Tk 20 million changing hands, closely followed by Square Pharma, Khulna Power, Ring Shine textiles and Sinobangla Industries.

Of the issues traded till then, 111 advanced, 92 declined and 63 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-advancing 11 points to stand at 13,395 points, also at 11:00am.

The Selective Category Index – CSCX – also gained 7.0 points to stand at 8,120 points till then.

Of the issues traded till then, 21 advanced, 9 declined 13 issues remained unchanged with Tk 6.0 million in turnover.

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