Stocks on both bourses gain in early trading


FE Online Report | Published: March 05, 2019 12:01:59 | Updated: March 06, 2019 17:21:20


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The prices of most of the shares on both the bourses witnessed an upward trend in early trading Tuesday as investors are showing their buying appetite on sector-wise shares.

Following the previous two days’ fall, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened positive with higher trading activities.

Within 30 minutes of trading, DSEX, the key index of DSE advanced more than 12 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 35 points at 11:00am.

After first hour of trading, the DSEX advanced more than 26 points while the CASPI of Chattogram bourse gained 54 points at 11:30am when the report was filed.

The DSEX went up by 26.75 points or 0.47 per cent to stand at 5,709 points till then.

The DS30 index, comprising blue chips, also gained 6.45 points to reach at 1998 points also at 11:30am.

However, the DSE Shariah Index lost 0.30 points to stand at 1,308 points at that time.

Turnover, the important indicator of the market, stood at Tk 1.56 million on the DSE when the report was filed.

Premier Bank was the most traded stocks till then with shares worth Tk 159 million changing hands, closely followed by Monno Ceramic, Dutch-Bangla Bank, United Power, and Bangladesh Submarine Cable Company.

Of the issues traded till then, 161 advanced, 92 declined, and 50 remained unchanged on the DSE trading floor till then.

The Chittagong Stock Exchange (CSE) also saw a positive trend till then with the CASPI gaining 54 points to stand at 17,480 points, also at 11:30am.

The Selective Category Index (CSCX) also advanced 34 points to stand at 10,589 points till then.

Of the issues traded till then, 50 gained, 36 declined, and 16 issues remained unchanged with Tk 29 million in turnover.

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