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The Financial Express

Stocks drive gains on buying spree

| Updated: November 19, 2018 15:29:23


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The prices of most of the shares on the bourses saw upward trend in early hour of trading Wednesday as some investors are active on sector-wise issues.

Following the previous day’s slight gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed marginally higher with rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse gained more than 14 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 4.0 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 17 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 9.0 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 17.60 points or 0.33 per cent to stand 5,276 points at 11:00am.

The DS30 index, comprising blue chips, also advanced 4.02 points to reach at 1,870 points till then. The DSE Shariah Index also gained 4.24 points to stand at 1,217 points.

Turnover, the important indicator of the market, stood at Tk 1.06 billion on DSE when the report was filed at 11:00am.

Monno Ceramic Industries the most traded stocks till then with shares worth BDT 105 million changing hands, closely followed by United Power Tk 89 million, Indo-Bangla Pharma Tk 75 million, SK Trims Industries Tk 54 million and Kattali Textile Tk 38 million.

Of the issues traded till then, 164 advanced, 49 declined and 38 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 9.0 points to stand at 16,085 points, also at 11:00am.

The Selective Category Index – CSCX –also rose 4.0 points to stand at 9,743 points till then.

Of the issues traded till then, 55 gained, 19 declined and 08 issues remained unchanged with Tk 32 million in turnover.

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