DSE, CSE mixed as investors take cautious stance


FE Online Report | Published: September 03, 2019 11:33:55 | Updated: September 04, 2019 11:29:32


Stocks mixed as investors take cautious stance

Stocks witnessed mixed trend in early hour of trading on Tuesday as investors mostly followed cautious stance.

Following the previous four days’ correction, the Dhaka Stock Exchange (DSE) opened lower while the Chittagong Stock Exchange (CSE) saw positive trend in early trading.

Within first 15 minutes of trading, the key index of the country’s prime bourse fell more than 5.0 points while the CSE All Share Price Index of port city’s bourse advanced 10 points at 10:45am.

After 30 minutes of trading, DSEX fell more than 9.0 points while the CSE All Share Price Index of port city’s bourse rose 4.79 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 9.25 points or 0.18 per cent to stand at 5,024 points at 11:00am.

The DS30 index, comprising blue chips also fell 4.93 points to 1770 points and the DSE Shariah Index (DSES) lost 2.71 point to stand at 1,169 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, 136 advanced, 109 declined and 58 remained unchanged.

Monno Ceramic was the most traded stocks till then with shares worth Tk 98 million changing hands, followed by Monno Jute Stafflers, Stylecraft, IT Consultants and Bangladesh Shipping Corporation.

However, the port city’s bourse – the Chittagong Stock Exchange – (CSE), saw positive trend till then with CSE All Share Price Index- CASPI-advancing 4.79 points to stand at 15,417 points, also at 11:00am.

The Selective Category Index – CSCX – also gained 4.51 points to stand at 9,359 points till then.

Of the issues traded till then, 32 advanced, 24 declined 9 remained unchanged with Tk 9.0 million in turnover.

babulfexpress@gmail.com

Share if you like