DSE, CSE tread water in early trading


FE Online Report | Published: November 28, 2018 11:24:42 | Updated: December 04, 2018 12:42:52


Stocks tread water in early trading

The market witnessed slow trend in early hour of trading on Wednesday as investors mostly followed cautious stance.

Following the previous two days’ positive movement, the Dhaka Stock Exchange (DSE) saw positive note while the Chittagong Stock Exchange (CSE) witnessed downturn amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 2.92 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 17 points at 10:45am.

After 30 minutes of trading, the DSEX saw a fractional gain of 0.42 point while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 31 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 0.42 points to stand 5,288 points at 11:00am.

The DS30 index, comprising blue chips, fell 0.43 points to reach at 1,861 points till then. The DSE Shariah Index also lost 0.04 points to stand at 1,226 points.

Turnover, the important indicator of the market, stood at Tk 931 million on DSE when the report was filed at 11:00am.

SK Trims Industries was the most traded stocks till then with shares worth Tk 60 million changing hands, closely followed by Khulna Power, ML Dyeing, Libra Infusions and National Tea Company.

Of the issues traded till then, 135 advanced, 75 declined and 61 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 31 points to stand at 16,228 points, also at 11:00am.

The Selective Category Index – CSCX –also rose 20 points to stand at 9,840 points till then.

Of the issues traded till then, 41 gained, 25 declined and 13 issues remained unchanged with Tk 32 million in turnover.

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