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The Financial Express

Stocks post modest gain at opening

FE Online Report | Published: January 30, 2020 11:46:45 | Updated: February 01, 2020 11:44:32


Stocks post modest gain at opening

Stocks posted a marginal gain in early hours of trading on Thursday as investors mostly followed cautious stance amid ongoing earnings declaration.

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

After 30 minutes of trading, DSEX gained more than 7.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 3.0 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 7.28 points or 0.16 per cent to stand 4,489 points at 11:00am.

The DS30 index, comprising blue chips, also gained 2.98 points to reach at 1,529 points. The DSE Shariah Index advanced 4.63 points to stand at 1,033 points till then.

Turnover, the important indicator of the market, stood at Tk 846 million on DSE when the report was filed at 11:00am.

LafargeHolcim Bangladesh was the most traded stocks till then with shares worth Tk 132 million changing hands, closely followed by Square Pharma, Indo-Bangla Pharma, Fine Foods and Northern Jute Manufacturing.

Of the issues traded till then, 112 advanced, 134 declined and 56 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 3.0 points to stand at 13,63 points, also at 11:00am.

The Selective Category Index – CSCX – also gained 2.0 points to stand at 8,281 points till then.

Of the issues traded till then, 28 advanced, 36 declined 9 issues remained unchanged with Tk 26 million in turnover.

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