DSE, CSE nudge up in early trading


FE Online Report | Published: December 11, 2018 11:36:43 | Updated: December 12, 2018 10:57:47


Stocks nudge up in early trading

Stocks nudged up in early hour of trading on Tuesday as investors are showing their buying spree on sector-wise issues.

Following the previous three days’ correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed positive trend amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 12 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 21 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 15 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 30 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 15.10 points or 0.28 per cent to stand 5,310 points at 11:00am.

The DS30 index, comprising blue chips, also advanced 5.43 point to reach at 1,855 points till then. The DSE Shariah Index rose 4.33 points to stand at 1,224 points.

Turnover, the important indicator of the market, stood at Tk 778 million on DSE when the report was filed at 11:00am.

VFS Thread Dyeing was the most traded stocks till then with shares worth Tk 84 million changing hands, closely followed by JMI Syringes Tk 59 million, Sonali Aansh Tk 39 million, IBN Sina Tk 36 million and Wata Chemicals Tk 26 million.

Of the issues traded till then, 154 advanced, 70 declined and 48 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw positive trend till then with CSE All Share Price Index- CASPI-gaining 30 points to stand at 16,234 points, also at 11:00am.

The Selective Category Index – CSCX –also rose 16 points to stand at 9,822 points till then.

Of the issues traded till then, 44 gained, 13 declined and 10 issues remained unchanged with Tk 18 million in turnover.

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