Stocks inched higher in early hour of trading on Thursday as bargain hunters showed their appetite on sector-wise issues after recent fall.
Following the previous six days’ 192 points fall, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend in early trading amid riding trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 17 points while the CSE All Share Price Index of port city’s bourse advanced 22 points at 10:45am.
After 30 minutes of trading, DSEX gained more than 27 points while the CSE All Share Price Index of port city’s bourse rose 20 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went up by 27.79 points or 0.55 per cent to stand at 5,014 points at 11:00am.
The DS30 index, comprising blue chips also rose 9.64 points to 1758 points and the DSE Shariah Index (DSES) gained 7.70 points to stand at 1,166 points till then.
Turnover, the important indicator of the market, stood at Tk 734 million when the report was filed at 11:00am.
Of the issues traded till then, 150 advanced, 94 declined and 67 remained unchanged.
IPDC Finance was the most traded stocks till then with shares worth Tk 218 million changing hands, followed by Fortune Shoes, Navana CNG, Monno Ceramic and Monno Jute Stafflers.
The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 20 points to stand at 15,233 points, also at 11:00am.
The Selective Category Index – CSCX – also gained 12 points to stand at 9,248 points till then.
Of the issues traded till then, 39 advanced, 22 declined 7 remained unchanged with Tk 8.0 million in turnover.
