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Bourses gain at opening

| Updated: November 04, 2019 18:08:05


Investors react while monitoring stock price movements on computer screens at a brockerage house in the capital city — FE/Files Investors react while monitoring stock price movements on computer screens at a brockerage house in the capital city — FE/Files

Stocks witnessed an upward trend in early trading on Sunday as some investors were showing appetite on sector-wise shares.

Following the previous week’s downturn, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw a positive trend amid rising trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse rose more than 32 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 50 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 26 points while the CASPI of Chattogram bourse rose 56 points at 11:00am when the report was filed.

The DSEX went up by 26.72 points or 0.54 per cent to stand at 4,708 points at 11:00am.

The DS30 index, comprising blue chips also gained 3.90 points to 1,631 points while the DSE Shariah Index (DSES) rose 4.12 points to stand at 1,079 points till then.

Turnover, one of the important indicators of the market, stood at Tk 660 million when the report was filed at 11:00am.

Of the issues traded till then, 187 advanced, 65 declined, and 45 remained unchanged.

National Tubes was the most traded stocks till filing of this report with shares worth Tk 73 million changing hands, followed by Northern Jute, Shuwrid Industries, Fortune shoes, and Pharma Aids.

The Chittagong Stock Exchange (CSE) also saw an upward trend till then with the CASPI gaining 56 points to stand at 14,278 points, also at 11:00am.

The Selective Category Index (CSCX)  also gained 34 points to stand at 8,680 points till then.

Of the issues traded till then, 66 advanced, 9 declined, 4 remained unchanged with Tk 15 million in turnover.

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