DSE, CSE start April on positive note


FE Online Report | Published: April 01, 2019 12:03:47 | Updated: April 02, 2019 10:50:39


Stocks start April on positive note

The prices of most of the shares on both bourses witnessed upward trend in early trading on Monday, the first day of April, as investors are showing their buying appetite on sector-wise issues.

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

Within first 30 minutes of trading, the key index of the country’s prime bourse advanced more than 17 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 65 points at 11:00am.

After first hour of trading, the DSEX advanced more than 18 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 90 points at 11:30am when the report was filed.

DSEX, the prime index of the DSE, went up by 18.34 points or 0.33 per cent to stand 5,510 points at 11:30am.

The DS30 index, comprising blue chips, rose 6.02 points to reach at 1973 till then. The DSE Shariah Index gained 4.89 points to stand at 1,280 points.

Turnover, the important indicator of the market, stood at Tk 1.09 billion on DSE when the report was filed at 11:30am.

United Power was the most traded stocks till then with shares worth Tk 110 million changing hands, closely followed by GP, BATBC, Bangladesh Submarine Cable and Monno Ceramic.

Of the issues traded till then, 189 advanced, 67 declined and 58 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – also saw upward trend till then with CSE All Share Price Index- CASPI-gaining 90 points to stand at 16,893 points, also at 11:30am.

The Selective Category Index – CSCX –also gained 52 points to stand at 10,230 till then.

Of the issues traded till then, 57 gained, 20 declined and 18 issues remained unchanged with Tk 56 million in turnover.

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