DSE, CSE maintain upward trend on Monday


FE Online Report | Published: September 11, 2017 13:08:10 | Updated: October 24, 2017 22:02:06


DSE, CSE rise on buying binge

The prices of most of the shares on both bourses maintained the upward trend in early hour of trading Monday as investors continued their buying binge on large-cap issues.

 

After hitting all-time of the premier bourse’s key index in the previous day, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.

 

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 21 points while the Selective Category Index of port city bourse rose 46 points at 10:45am.

 

After 30 minutes of trading, DSEX advanced nearly 24 points while the Selective Category Index of port city bourse rose 42 points at 11:00am when the report was filed.

 

DSEX, the prime index of the DSE, went up by 23.76 points or 0.38 per cent to stand at 6,191 points at 11:00am.

 

The two other indices also saw upward till then. The DS30 index, comprising blue chips advanced 15 points or 0.68 per cent to 2,216 points.

 

The DSE Shariah Index (DSES) gained 12 points or 0.89 per cent to stand at 1,381 points till then.

 

Turnover, the important indicator of the market, stood at Tk 1.43 billion when the report was filed at 11:00am.

 

Of the issues traded till then, 158 advanced, 87 declined and 34 remained unchanged.

 

Lafarge Surma Cement led the turnover chart till then with shares worth Tk 196 million changing hands, closely followed by LankaBangla Finance Tk 98 million, Square Pharma Tk 89 million, Northern Jute Manufacturing Company Tk 47 million and Mithun Knitting Tk 38 million.

 

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with its Selective Category Index – CSCX – advancing 42 points to stand at 11,598 points, also at 11:00am.

 

Of the issues traded till then, 58 gained, 45 declined and 25 issues remained unchanged with Tk 64 million in turnover.

 

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