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The Financial Express

Bourses witness gains amid optimism

FE Online Report | Published: December 29, 2019 11:24:21 | Updated: December 31, 2019 10:43:20


Investors react while monitoring stock price movements on computer screens at a brockerage house in the capital city — FE/Files Investors react while monitoring stock price movements on computer screens at a brockerage house in the capital city — FE/Files

Stocks witnessed an upward trend in the early hours of trading on Sunday as bargain hunters were active on sector-wise issues.

Following the previous day’s positive ending, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note, but trading activities remained low.

Within first 15 minutes of trading, DSEX, 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 22 points at 10:45am.

After 30 minutes of trading, the DSEX rose more than 23 points while the CASPI of Chattogram bourse advanced 28 points at 11:00am when the report was filed.

The DSEX then went up by 23.15 points or 0.52 per cent to stand 4,441 points at that time.

The DS30 index, comprising blue chips, also gained 3.94 points to reach at 1,512 points while the DSE Shariah Index rose 3.21 points to stand at 998 points till then.

Turnover, one of the important indicators of the market, stood at Tk 437 million on DSE when the report was filed at 11:00am.

Miracle Industries was the most traded stocks till filing of this report with shares worth Tk 24 million changing hands, closely followed by Daffodil Computers, Anlimayarn Dyeing, Golden Harvest Agro Industries, and Northern Jute Manufacturing Company.

Of the issues traded till then, 190 advanced, 39 declined, and 45 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange (CSE) also saw an upward trend till then with the CASPI advancing 28 points to stand at 13,492 points, also at 11:00am.

The Selective Category Index (CSCX) also gained 18 points to stand at 8,181 points till then.

Of the issues traded till then, 37 advanced, 10 declined, 12 issues remained unchanged with Tk 9.0 million in turnover.

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