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The Financial Express

Stocks open higher on last trading day of 2019

FE Online Report | Published: December 30, 2019 11:28:53 | Updated: January 01, 2020 10:58:12


Bourses open higher last session of 2019

Stocks witnessed upward trend in early hours of trading on Monday, the last trading session of 2019, as bargain hunters were active on sector-wise issues.

Following the previous day’s positive ending, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note, but trading activities remains low.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 18 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 25 points at 10:45am.

After 30 minutes of trading, the DSEX rose more than 22 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 31 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 22.66 points or 0.51 per cent to stand 4,456 points at 11:00am.

The DS30 index, comprising blue chips, also gained 5.90 points to reach at 1,518 points. The DSE Shariah Index rose 4.25 points to stand at 1,001 points till then.

Turnover, the important indicator of the market, stood at Tk 423 million on DSE when the report was filed at 11:00am.

Khulna Power was the most traded stocks till then with shares worth Tk 64 million changing hands, closely followed by National Life Insurance, Shurwid Industries, Standard Ceramic and Beacon Pharma.

Of the issues traded till then, 182 advanced, 46 declined and 51 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index- CASPI-advancing 31 points to stand at 13,518 points, also at 11:00am.

The Selective Category Index – CSCX – also gained 18 points to stand at 8,194 points till then.

Of the issues traded till then, 36 advanced, 15 declined 9 issues remained unchanged with Tk 15 million in turnover.

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