DSE down, CSE up in early trading


FE Online Report | Published: September 20, 2018 11:41:34 | Updated: September 23, 2018 12:09:47


Stocks mixed in volatile trade

Stocks on bourses witnessed volatility in early hour of trading on Thursday as investors are active both sides of trading fence.

Following the previous two days’ upward trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note. But losses the ground as the session progressed.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 16 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 21 points at 10:45am.

After 30 minutes of trading, the DSEX fell 1.45 points 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 down by 1.45 points or 0.02 per cent to reach at 5,506 points at 11:00am.

The DSE Shariah Index fell 0.15 points to stand at 1,262.  However, the DS30 index, comprising blue chips, gained 5.41 points to reach at 1,916 points till then.

Turnover, the important indicator of the market, stood at Tk 2.0 billion on DSE when the report was filed at 11:00am.

Khulna Power Company was the most traded stocks till then with shares worth Tk 350 million changing hands, followed by Shasha Denims 128 million, BBS Cables Tk 127 million, Fortune Shoes Tk 106 million and IFAD Autos Tk 98 million.

Of the issues traded till then, 121 advanced, 124 declined and 51 remained unchanged on the DSE trading floor.

However, the port city’s bourse – the Chittagong Stock Exchange – (CSE) saw positive trend till then with CSE All Share Price Index- CASPI-advancing 31 points to stand at 16,978, also at 11:00am.

The Selective Category Index – CSCX –also gained 19 points to stand at 10,284 points till then.

Of the issues traded till then, 50 gained, 40 declined and 17 issues remained unchanged with Tk 47 million in turnover.

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