The prices of most of the stocks on bourses witnessed upward trend in early hour of trading Monday as investors are showing buying spree on sector specific stocks.
Following the previous three days’ negative trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 8.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 0.72 points at 10:45am.
After 30 minutes of trading, the DSEX advanced more than 7.0 Points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 12 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went up by 7.68 points or 0.14 per cent to reach at 5,471 points at 11:00am.
The DSE Shariah Index advanced 2.69 points to stand at 1,268. However, the DS30 index, comprising blue chips, fell 2.29 points to reach at 1,908 points till then.
Turnover, the important indicator of the market, stood at Tk 1.42 billion on DSE when the report was filed at 11:00am.
Khulna Power Company was the most traded stocks till then with shares worth Tk 346 million changing hands, followed by Active Fine Tk 113 million, Intech Tk 98 million, ML Dyeing Tk 88 million and National Life Insurance Tk 65 million.
Of the issues traded till then, 113 advanced, 109 declined and 50 remained unchanged on the DSE trading floor.
The port city’s bourse saw positive trend till then with CSE All Share Price Index- CASPI-advancing 12 points to stand at 16,885, also at 11:00am.
The Selective Category Index – CSCX –also gained 7.0 points to stand at 10,236 points till then.
Of the issues traded till then, 33 gained, 38 declined and 08 issues remained unchanged with Tk 43 million in turnover.
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