Stocks mixed in early trading


FE Online Report | Published: February 25, 2020 12:03:07 | Updated: February 29, 2020 10:54:16


Investors monitoring stock price movements on computer screens at a brockerage house in the capital — FE/Files

Stocks witnessed mixed trend in the early hours of trading on Tuesday as investors were seen active on both sides of trading fence amid ongoing dividend declarations.

Following the previous three days’ modest correction, the Dhaka Stock Exchange (DSE) saw a positive note while the Chittagong Stock Exchange (CSE) witnesses negative trend amid rising trading activities.

After first hour of trading, DSEX, the key index of DSE, advanced more than 9.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse fell 26 points at 11:30am when the report was filed.

The DSEX went up by 9.26 points or 0.19 per cent to stand 4,660 points at 11:30am.

The DSE Shariah Index also gained 4.45 points to stand at 1,078 points till then. However, the DS30 index, comprising blue chips, fell 7.96 points to reach at 1,563.

Turnover, one of the important indicators of the market, stood at Tk 2.13 billion on DSE when the report was filed at 11:30am.

Indo-Bangla Pharma was the most traded stocks till filing of this report with shares worth Tk 99 million changing hands.

Of the issues traded till then, 248 advanced, 43 declined, and 43 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange (CSE) saw a negative trend till then with the CASPI-shedding 26 points to stand at 14,237 points, also at 11:30am.

The Selective Category Index (CSCX) also fell 17 points to stand at 8,638 points till then.

Of the issues traded till then, 86 advanced, 30 declined, and 18 issues remained unchanged with Tk 49 million in turnover.

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