DSE, CSE marginally higher at opening


FE Online Report | Published: November 23, 2017 11:28:10 | Updated: November 23, 2017 15:37:17


Bourses marginally higher at opening

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

Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) opened higher amid slow trading activities in the last trading day of the week.

DSEX, prime index of the country’s main bourse, advanced more than 32 points while the selective category index CSCX of the port city bourse gained 24.15 points at 11:00 am when the report was filed.

Two other indices saw a positive trend till then. Of them, DS30 index comprising blue chips advanced 11.38 points or 0.50 per cent to 2,282 and DSE Shariah index DSES also gained 8.18 points or 0.58 per cent to 1,398 points at 11:00am.

Turnover, an important indicator of the market, stood at Tk 1247 million after first 30 minutes of the trading, which began at 11:00am.

Of the issues traded till then, 171 advanced, 39 declined and 42 remained unchanged.

LankaBangla Finance was the most traded stocks with shares worth Tk 283 million changing hands, followed by BD Thai Aluminium Limited, Paramount Textile, United power generation distribution co. Ltd, and BBS Cable Limited.

Port city bourse CSE also saw an upward trend with its CSCX gaining 24.15 points to stand at 19,507 points, also at 11:00am.

Of the issues traded till the time mentioned above, 55 gained, 25 declined and 14 issues remained unchanged with Tk 55 million in turnover.

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