The prices of most of the shares on bourses witnessed upward trend in early trading on Thursday as some investors are showing their buying appetite.
After DSE index hitting four-month low in the previous day, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend amid low trading activities.
Within first 30 minutes of trading, the key index of the country’s prime bourse advanced more than 16 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 18 points at 11:00am.
After first hour of trading, the DSEX advanced more than 9.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 14 points at 11:30am when the report was filed.
DSEX, the prime index of the DSE, went up by 9.90 points or 0.18 per cent to reach at 5,250 points at 11:30am.
The DSE Shariah Index also gained 2.60 points to stand at 1,213 points. However, the DS30 index, comprising blue chips, fell 2.23 points to reach at 1865 points till then.
Turnover, the important indicator of the market, stood at Tk 956 million on DSE when the report was filed at 11:30am.
Fortune Shoes was the most traded stocks till then with shares worth Tk 89 million changing hands, closely followed by National Tubes, Monno Ceramic Industries, Fine Foods and United Power.
Of the issues traded till then, 164 advanced, 86 declined and 63 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-advancing 14 points to stand at 16,058 points, also at 11:30am.
The Selective Category Index – CSCX –also gained 9.0 points to stand at 9,717 till then.
Of the issues traded till then, 59 gained, 28 declined and 17 issues remained unchanged with Tk 66 million in turnover.
babulfexpress@gmail.com