DSE, CSE rise in early trading; DSEX gets 26 points


FE Online Report | Published: February 17, 2019 11:48:55 | Updated: February 28, 2019 11:38:01


Stocks rise in early trading; DSEX gets 26 points

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Sunday as investors are showing their buying spree.

Following the previous week’s correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 20 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 10 points at 10:45am.

After 30 minutes of trading, the DSEX rose more than 26 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 26.30 points or 0.40 per cent to stand 5,776 points at 11:00am.

The DS30 index, comprising blue chips, gained 2.99 points to reach at 2,002 points till then. The DSE Shariah Index advanced 4.64 points to stand at 1,316 points.

Turnover, the important indicator of the market, stood at Tk 2.05 billion on DSE when the report was filed at 11:00am.

Bangladesh Submarine Cable Company was the most traded stocks till then with shares worth Tk 406 million changing hands, followed by Fortune Shoes, Alif Industries, SK Trims and VFS Thread Dyeing.

Of the issues traded till then, 178 advanced, 95 declined and 42 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 30 points to stand at 17,632 points, also at 11:00am.

The Selective Category Index – CSCX –also gained 18 points to stand at 10,668 points till then.

Of the issues traded till then, 70 gained, 42 declined and 13 issues remained unchanged with Tk 35 million in turnover.

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