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DSE, CSE advance with slow trending

| Updated: December 09, 2017 10:40:29


FE File Photo FE File Photo

Stocks witnessed slow trend in early hour of trading on Thursday as investors are mostly cautious to take fresh exposure in the market.

Following the previous day’s marginal correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw cautious amid low trading activities.

Within first 30 minutes of trading, the key index of the country’s prime bourse advanced 2.35 points while the CSE All Shares Price Index of port city bourse rose 4.60 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 2.35 points or 0.03 to reach at 6,268 points.

The DS30 index, comprising blue chips also advanced 0.77 points or 0.03 per cent to reach at 2,272.

However, the DSE Shariah Index (DSES) fell 0.78 points or 0.05 per cent to 1,390.

Turnover, the important indicator of the market, stood at Tk 576 million when the report was filed at 11:00am.

Of the issues traded till then, 140 advanced, 57 drifted lower and 60 remained unchanged.

Paramount Textile was the most traded stocks till then with shares worth Tk 63 million changing hands, closely followed by CVO Petrochemicals Tk 38 million, Samorita Hospital Tk 28 million, FAS Finance Tk 26 million and Fu-Wang Food Tk 19 million.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive movement till then with its All Shares Price Index, CAPSI – advancing 4.60 points to stand at 19,384 points, also at 11:00.

However, the Selective Categories Index of the port city bourse also fell 0.50 points to reach at 11,725 points till then.

Of the issues traded till then, 44 gained, 21 declined and 13 issues remained unchanged with Tk 23 million in turnover.

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