DSE, CSE tread water in cautious trading


FE Online Report | Published: October 25, 2018 12:19:20 | Updated: October 31, 2018 16:25:08


DSE, CSE tread water in cautious trading

The markets witnessed slow movement in early hour of trading Thursday as investors are mostly followed cautious stance amid dividend and earnings declaration session.

Following the previous day’s marginal gain, the Dhaka Stock Exchange (DSE) opened on positive note while the Chittagong Stock Exchange (CSE) saw negative trend amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 7.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse fell 3.0 points at 10:45am.

After 30 minutes of trading, the DSEX fell 0.64 point while the CSE All Share Price Index (CASPI) of port city’s bourse shed 0.48 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 0.64 points or 0.01 per cent to stand 5,275 points at 11:00am.

The DS30 index, comprising blue chips, also lost 2.80 points to reach at 1,869 points till then. The DSE Shariah Index fell 0.70 point to stand at 1,217 points.

Turnover, the important indicator of the market, stood at Tk 728 million on DSE when the report was filed at 11:00am.

LankaBangla Finance was the most traded stocks till then with shares worth Tk 56 million changing hands, closely followed by KPCL with Tk 55 million, National Tubes Tk 42 million, Delta Life Insurance Tk 38 million and Beximco Tk 33 million.

Of the issues traded till then, 114 advanced, 108 declined and 41 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – also saw negative trend till then with CSE All Share Price Index- CASPI-losing 0.48 points to stand at 16,215 points, also at 11:00am.

The Selective Category Index – CSCX –also lost 0.36 points to stand at 9,825 points till then.

Of the issues traded till then, 29 gained, 33 declined and 12 issues remained unchanged with Tk 27 million in turnover.

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