DSE, CSE tick up at opening


FE Online Report | Published: December 04, 2018 11:38:41 | Updated: December 05, 2018 12:38:25


Stocks tick up at opening

The prices of most of the shares witnessed positive trend in early hour of trading on Tuesday as optimistic investors are showing buying binge on sector-wise issues.

Following the previous day’s marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed upturn amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 11 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 29 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 14 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 35 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 14 points to stand 5,311 points at 11:00am.

The DS30 index, comprising blue chips, advanced 2.33 points to reach at 1,858 points till then. The DSE Shariah Index also gained 1.78 points to stand at 1,227 points.

Turnover, the important indicator of the market, stood at Tk 1.25 billion on DSE when the report was filed at 11:00am.

Silva Pharmaceuticals was the most traded stocks till then with shares worth Tk 82 million changing hands, closely followed by ML Dyeing, Simtex, Pacific Denims and Oimex Electrode.

Of the issues traded till then, 150 advanced, 67 declined and 57 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), saw positive trend till then with CSE All Share Price Index- CASPI-gaining 35 points to stand at 16,298 points, also at 11:00am.

The Selective Category Index – CSCX –also rose 25 points to stand at 9,882 points till then.

Of the issues traded till then, 45 gained, 15 declined and 10 issues remained unchanged with Tk 35 million in turnover.

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