Stocks witnessed positive trend in early trading on Wednesday as some investors are active on sector-wise large-cap issues.
Within 30 minutes of trading, DSEX advanced more than 1.63 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 9.63 points at 11:00 am when the report was filed.
DSEX, the prime index of the DSE, went up by 1.63 points or 0.04 per cent to stand 4,083 points at 11:00 am.
Two other induces also saw positive trend till then. The DS30 index, comprising blue chips, gained 3.52 points to reach at 1,377 and DSE Shariah Index rose 1.23 points to stand at 953 points till then.
Turnover, the important indicator of the market, stood at Tk 635 million on DSE when the report was filed at 11:00 am.
Market operators said a section of investors remained active on the market riding on optimism owing to gradual reopening of the economy and revival of some specific sectors’ activities.
The stock market regulator’s hard stance on ensuring mandatory 2.0 per cent shareholding by each director of listed companies had also a positive impact on the selective stock prices, said a stockbroker.
Beximco Pharma was the most traded stocks till then with shares worth Tk 59 million changing hands, followed by Indo-Bangla Pharma, GP, Paramount Textile and Genex Infosys.
The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with the CSE All Share Price Index- CASPI-gaining 9.63 points to stand at 11,645 points, also at 11:00am.
The Selective Category Index – CSCX – also rose 6.53 points to stand at 7,037 points till then.
Of the issues traded till then, 23 advanced, 32 declined and 40 issues remained unchanged with Tk 8.80 million in turnover.
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