The prices of most of the shares on both bourses witnessed upward trend in early hour of trading on Tuesday as investors continued their buying binge on banking stocks.
Following the previous day’s flat movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with thin trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 19 points while the Selective Category Index of port city bourse gained 21 points at 10:45am.
After 30 minutes of trading, DSEX gained more than 22 points while the Selective Category Index of port city bourse rose 23 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went up by 22.35 points or 0.37 per cent to stand at 6,115 points at 11:00am.
The two other indices also saw positive trend till then. The DS30 index, comprising blue chips advanced 6.63 points or 0.30 per cent to 2,183 points. The DSE Shariah Index (DSES) gained 6.54 points or 0.49 per cent to stand at 1,342 points.
Turnover, the important indicator of the market, stood at Tk 1.25 billion when the report was filed at 11:00am.
Of the issues traded till then, 170 advanced, 59 declined and 27 remained unchanged.
The banking issues continued to dominate the turnover chart with Islami Bank led the chart till then with shares of Tk 82 million changing hands, closely followed by National Bank Tk 62 million, Premier Bank Tk 55 million, IFIC Bank Tk 54 million and Dhaka Bank Tk 50 million.
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with its Selective Category Index – CSCX – advancing 23 points to stand at 11,451 points, also at 11:00am.
Of the issues traded till then, 56 gained, 25 declined and 16 issues remained unchanged with Tk 45 million in turnover.