DSE, CSE inch up in early trading


FE Online Report | Published: March 14, 2019 11:26:15 | Updated: March 16, 2019 10:28:49


Stocks inch up in early trading

The prices of most of the shares on both bourses witnessed upward trend in early trading on Thursday as investors are showing their buying appetite on sector-wise issues.

Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 20 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 55 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 34 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 82 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 34.20 points or 0.60 per cent to 5,687 points at 11:00am.

The DS30 index, comprising blue chips, rose 14.62 points to reach at 2020 points till then. The DSE Shariah Index gained 5.28 points to stand at 1,297 points.

Turnover, the important indicator of the market, stood at Tk 856 million on DSE when the report was filed at 11:00am.

BATBC was the most traded stocks till then with shares worth Tk 130 million changing hands, closely followed by Monno Ceramic, Mercantile Insurance, Brac Bank and United Power.

Of the issues traded till then, 179 advanced, 52 declined and 47 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange –also saw upward trend till then with CSE All Share Price Index- CASPI-gaining 82 points to stand at 17,446 points, also at 11:30am.

The Selective Category Index – CSCX –also gained 50 points to stand at 10,571 till then.

Of the issues traded till then, 34 gained, 12 declined and 16 issues remained unchanged with Tk10 million in turnover.

babulfexpress@gmail.com

Share if you like