DSE, CSE show mixed trend in early trading


FE Online Report | Published: December 09, 2018 11:33:20 | Updated: December 10, 2018 10:52:04


Stocks show mixed trend at opening

Stocks showed mixed trend in early hour of trading on Sunday as investors mostly followed cautious stance ahead of national elections.

Following the previous week’s correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed modest gain 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 rose 33 points at 10:45am.

After 30 minutes of trading, the DSEX fell more than 2.02 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 37 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 2.02 points to stand 5,330 points at 11:00am.

The DS30 index, comprising blue chips, also fell 0.98 point to reach at 1,861 points till then. The DSE Shariah Index, however, advanced 2.09 points to stand at 1,226 points.

Turnover, the important indicator of the market, stood at Tk 959 million on DSE when the report was filed at 11:00am.

National Tea Company was the most traded stocks till then with shares worth Tk 48 million changing hands, closely followed by Advent Pharma Tk 47.98 million, Sonali Aansh Tk 47 million, United Power Tk 38 million and Meghna Life Insurance Tk 35 million.

Of the issues traded till then, 122 advanced, 105 declined and 42 remained unchanged on the DSE trading floor.

However, the port city’s bourse – the Chittagong Stock Exchange – (CSE), saw positive trend till then with CSE All Share Price Index- CASPI-gaining 37 points to stand at 16,363 points, also at 11:00am.

The Selective Category Index – CSCX –also rose 22 points to stand at 9,900 points till then.

Of the issues traded till then, 47 gained, 28 declined and 13 issues remained unchanged with Tk 20 million in turnover.

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