DSE, CSE post sharp gain in early trading


FE Online Report | Published: January 23, 2019 11:34:13 | Updated: January 26, 2019 10:19:43


Stocks post sharp gain in early trading

The prices of most of the shares on bourse witnessed upward trend in early hour of trading on Wednesday as investors are active on sector-wise issues.

Following the previous day’s marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 27 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 44 points at 10:45am.

After 30 minutes of trading, the DSEX gained more than 42 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 69 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 42.12 points or 0.72 per cent to stand 5,907 points at 11:00am.

The DS30 index, comprising blue chips, also rose 7.49 points to reach at 2,033 points till then. The DSE Shariah Index advanced 6.58 points to stand at 1,325 points.

Turnover, the important indicator of the market, stood at Tk 1.35 billion on DSE when the report was filed at 11:00am.

Premier Bank was the most traded stocks till then with shares worth Tk 190 million changing hands, closely followed by Legacy Footwear, United Power, SS Steel and Sonar Bangla Insurance.

Of the issues traded till then, 204 advanced, 46 declined and 46 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange (CSE)—also saw upward trend till then with CSE All Share Price Index- CASPI-gaining 69 points to stand at 18,077 points, also at 11:00am.

The Selective Category Index – CSCX –also gained 42 points to stand at 10,921 points till then.

Of the issues traded till then, 59 gained, 10 declined and 08 issues remained unchanged with Tk 32 million in turnover.

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