Stocks see mixed trend opening session of 2018


FE Online Report | Published: January 01, 2018 11:32:17 | Updated: January 01, 2018 15:50:27


Stocks kick off 2018 on mixed trend

Stocks witnessed mixed trend in early hour of trading on Monday, the first trading session of 2018, as investors followed cautious mood.

Following the previous session’s upturn, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened positive trend with slow trading activities.

After first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 15 points while the CSE All Shares Price Index (CAPSI) of port city bourse rose 56 points at 10:45am.

After 30 minutes of trading, the key index of the DSE advanced nearly 1.32 points while the CSE All Shares Price Index (CAPSI) of port city bourse rose 47 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 1.32 points or 0.02 per cent to reach at 6,245 points, when the report was filed at 11:00am.

However, the two other indices saw negative trend till then. The DS30 index, comprising blue chips, fell 4.17 points or 0.18 per cent to 2,279.

The DSE Shariah Index (DSES) lost 3.07 points or 0.22 per cent to at 1,387.

Turnover, the important indicator of the market, stood at Tk 609 million when the report was filed at 11:00am.

Of the issues traded till then, 142 nudged higher, 63 declined and 35 remained unchanged.

Alif Industries was the most traded stocks till then with shares worth Tk 75 million changing hands, followed by National Bank Tk 44 million, Paramount Textile Tk 43 million, RupaliBank Tk 37 million Islami Bank Tk 29 million.

The port city bourse also saw positive trend till then with its All Shares Price Index, CAPSI – advancing 47 points to stand at 19,315, also at 11:00am.

The Selective Categories Index of the CSE also gained 29 points to reach at 11,678 points till then.

Of the issues traded till then, 47 gained, 17 declined and 12 issues remained unchanged with Tk 22 million in turnover.

babulfexpress@gmail.com

Share if you like