The prices of most of the stocks witnessed upward trend in early trading Monday, as investors are showing their buying spree sector-wise stocks encouraged by the government’s move to ease the ongoing liquidity crunch.
Following the previous two days’ sharp gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse soared more than 41 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 44 points at 10:45am.
After 30 minutes of trading, the DSEX advanced more than 20 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 4.0 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went up by 20.70 points or 0.36 per cent to reach at 5,767 points at 11:00am.
The two other indices also saw upward trend till then. The DS30 index, comprising blue chips, rose 5.97 points or 0.28 per cent to reach at 2,156 points.
The DSE Shariah Index (DSES) gained 5.0 points or 0.37 per cent to reach at 1,345 points.
Turnover, the important indicator of the market, stood at Tk 1.17 billion when the report was filed at 11:00am.
Of the issues traded till then, 129 nudged higher, 97 declined and 57 remained unchanged.
Unique Hotel was the most traded stocks till then with shares worth Tk 65 million changing hands, closely followed by LankaBangla Finance Tk 59 million, Beximco Tk 51 million, and Mercantile Bank Tk 36 million.
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index- CASPI-rising 4.0 points to stand at 17,708, also at 11:00am.
The Selective Category Index – CSCX –also gained 3.0 points to stand at 10,701 points till then.
Of the issues traded till then, 45 gained, 43 declined and 15 issues remained unchanged with Tk 42 million in turnover.
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