DSE, CSE inch up on recovery hope


FE Online Report | Published: November 25, 2019 11:30:31 | Updated: November 26, 2019 15:59:12


Stocks inch up on recovery hope

Stocks witnessed positive trend in early hour trading on Sunday as some investors are showing their buying appetite on sector-wise shares.

Following the previous day’s correction, 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 15 points while the CSE All Share Price Index of port city’s bourse rose 14 points at 10.45am.

After 30 minutes of trading, DSEX went up more than 13 points while the CSE All Share Price Index of port city’s bourse gained more than 12 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 13.55 points or 0.28 per cent to stand at 4,701 points at 11:00am.

The DS30 index, comprising blue chips also went up by 1.0 points to 1,639 points. The DSE Shariah Index (DSES) advanced 3.32 points to stand at 1,079 points till then.

Turnover, the important indicator of the market, stood at Tk 690 million when the report was filed at 11:00am.

Of the issues traded till then, 167 advanced, 64 declined and 42 remained unchanged.

Fortune Shoes was the most traded stocks till then with shares worth Tk 48 million changing hands, followed by Shurwid Industries, Beacon Pharma, Sea Pearl Beach and Bangladesh Submarine Cable Company.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw positive trend till then with CSE All Share Price Index- CASPI-gaining 12 points to stand at 14,264 points, also at 11:00am.

The Selective Category Index – CSCX – also gained 6.0 points to stand at 8,668 points till then.

Of the issues traded till then, 45 advanced, 16 declined 11 remained unchanged with Tk 17 million in turnover.

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