DSE, CSE witness mostly higher in early trading


FE Online Report | Published: April 03, 2018 11:33:40 | Updated: April 05, 2018 10:27:38


Stocks soar on buying spree at opening

The prices of most of the stocks witnessed positive trend in early trading Tuesday, as investors continued their buying spree encouraged by the government’s steps to ease the ongoing liquidity crunch.

Following the previous three days’ sharp gain, the Dhaka Stock Exchange (DSE) opened higher while the Chittagong Stock Exchange (CSE) saw negative trend at the opening amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse gained more than 13 points while the CSE All Share Price Index (CASPI) of port city’s bourse fell 20 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 27 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 3.0 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 27.28 points or 0.46 per cent to reach at 5,855 points at 11:00am.

The two other indices also saw upward trend till then. The DS30 index, comprising blue chips, rose 10.34 points or 0.47 per cent to reach at 2,187 points.

The DSE Shariah Index (DSES) gained 6.85 points or 0.50 per cent to reach at 1,362 points till then.

Turnover, the important indicator of the market, stood at Tk 1.02 billion when the report was filed at 11:00am.

Of the issues traded till then, 171 advanced, 43 declined and 51 remained unchanged.

Beximco Pharma was the most traded stocks till then with shares worth Tk 55 million changing hands, closely followed by IFAD Autos Tk 45 million, BBS Cables Tk 43 million, Islami Bank Tk 42 million and Beximco Tk 34 million.

The port city bourse also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 3.0 points to stand at 17,983, also at 11:00am.

The Selective Category Index – CSCX –also gained 2.0 points to stand at 10,871 points till then.

Of the issues traded till then, 48 gained, 27 declined and 17 issues remained unchanged with Tk 43 million in turnover.

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