Stocks mostly higher in early trading

| Updated: October 24, 2017 21:36:09

stocks mostly higher in early trading


The prices of most of the shares on both bourses witnessed positive trend in early trading on Monday as optimistic investors continued their buying binge.

Following the previous four days’ marginal gain, both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- opened with positive trend amid increased investors’ participation.

After first hour of trading, the DSEX, the prime index of the DSE went up by more than 11 points while the Selective Category Index of port city bourse advanced 16 points at 11:00am.

DSEX went up by 11.54 points or 0.21 per cent to stand at 5,456 points when the report was filed at 11:00am.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips advanced 3.86 points or 0.19 per cent to stand at 2032 points. The DSE Shariah Index (DSES) rose 1.73 points or 0.14 per cent to reach at 1264 points at 11:00am.

Turnover, the crucial indicator of the market, stands at Tk 1.38 billion on the DSE, when the report was filed at 11:00am.

MJL Bangladesh topped the turnover chart with shares worth Tk 158 million changing hands till then, closely followed by Brac Bank Tk 123 million, Lankabangla Finance Tk 115 million, IFAD Autos Tk 105 million and Paramount Textile Tk 47 million.

Of the issues traded till then, 153 advanced, 63 declined and 56 issues remained unchanged till 11:00am.

The port city bourse, the CSE also saw positive trend till then with its Selective Category Index – CSCX – advancing 31 points to stand at 10,246 points, also at 11:00am.

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