Stocks hold onto early gains at midday


FE Team | Published: September 10, 2018 12:48:52 | Updated: September 13, 2018 12:01:43


FE file photo used for representation

Stocks on the country's both bourses stayed in the positive trend at midday on Monday as investors remained active on sector specific stocks.

Following the previous day’s marginal correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse advanced more than 15 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 28 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 21 points while the CASPI of Chattogram bourse gained 35 points at 11:00am.

After 90 minutes of trading, the DSEX advanced more than 13 points while the CASPI gained 33 points at 12:00 noon when the report was filed.

DHAKA STOCK EXCHANGE:

DSEX, the key index of the DSE, stood at 5,563 points, advancing 13.41 points or 0.24 per cent at 12:00 noon.

The DS30 index, comprising blue chips, also gained 3.67 points to reach at 1951 points till then.

The DSE Shariah Index (DSES) advanced 3.44 points to stand at 1,279 points till then.

Turnover, the crucial indicator of the market, stood at BDT 4.60 billion when the report was filed.

Active Five Chemicals was the most traded stocks till then with shares worth BDT 590 million changing hands, followed by Shasha Denims BDT 293 million, Khulna Power BDT 266 million, Saif Powertec BDT 184 million, and Nahee Aluminum BDT 163 million.

Of the issues traded till then, 140 advanced, 118 declined, and 57 issues remained unchanged on the DSE trading floor.

CHITTAGONG STOCK EXCHANGE:

The port city bourse – the Chittagong Stock Exchange (CSE) also saw a positive trend till then with the CSE All Shares Price Index (CASPI) gaining 33 points to stand at 17,150 points, also at 12:00 noon.

The Selective Categories Index of the port city bourse also advanced 21 points to reach at 10,395 points till then.

Of the issues traded till then, 82 gained, 73 declined, and 20 issues remained unchanged with BDT 224 million in turnover.

 

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