DSE, CSE advance on buying spree


FE Online Report | Published: January 24, 2019 11:47:37 | Updated: January 27, 2019 10:32:24


DSE, CSE advance on buying spree

The prices of most of the shares on bourse witnessed positive trend in early hour of trading on Thursday as investors are active on sector-wise issues.

After crossing the 5900-mark in the previous day of the DSE’s prime index, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 19 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 10 points at 10:45am.

After 30 minutes of trading, the DSEX gained more than 32 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 30 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 32.58 points or 0.55 per cent to stand 5,957 points at 11:00am.

The DS30 index, comprising blue chips, also rose 7.35 points to reach at 2,050 points till then. The DSE Shariah Index advanced 4.14 points to stand at 1,326 points.

Turnover, the important indicator of the market, stood at Tk 1.85 billion on DSE when the report was filed at 11:00am.

United Finance was the most traded stocks till then with shares worth Tk 170 million changing hands, closely followed by IFIC Bank, United Power, Premier Bank and Rupali Insurance.

Of the issues traded till then, 204 advanced, 72 declined and 34 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index- CASPI-gaining 30 points to stand at 18,242 points, also at 11:00am.

The Selective Category Index – CSCX –also gained 19 points to stand at 11,023 points till then.

Of the issues traded till then, 55 gained, 33 declined and 14 issues remained unchanged with Tk 45 million in turnover.

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