After a volatile week, stocks witnessed an upward trend in early trading on Sunday as some investors were active on sector specific shares.
Following the previous week’s flat ending, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher, but trading activities remained low.
Within first 10 minutes of trading, DSEX, the key index of the country’s prime bourse advanced 27 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 55 points at 10:40am.
After that, it started to decline. After 30 minutes of trading, the DSEX advanced nearly 12 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 48 points at 11:00am when the report was filed.
The DSEX went up by 11.96 points or 0.23 per cent to stand at 5,145 points at that time.
The DS30 index, comprising blue chips, also gained 3.60 points to reach at 1,839 points till then, while the DSE Shariah Index rose 4.08 points to stand at 1,177 points.
Turnover, the important indicator of the market, stood at Tk 790 million on DSE when the report was filed at 11:00am.
United Power was the most traded stocks till filing of the report with shares worth Tk 77 million changing hands, closely followed by Fortune Shoes, Monno Ceramic, Singer Bangladesh and Bata Shoes.
Of the issues traded till then, 141 advanced, 113 declined, and 59 remained unchanged on the DSE trading floor.
The Chittagong Stock Exchange (CSE) also a saw positive trend till then with the CASPI advancing 48 points to stand at 15,761 points, also at 11:00am.
The Selective Category Index (CSCX) also gained 27 points to stand at 9,579 points till then.
Of the issues traded till then, 53 advanced, 32 declined, 14 remained unchanged with Tk 19 million in turnover.
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