Loading...
The Financial Express

Bourses pop in early trading

FE Online Report | Published: January 02, 2020 11:27:50 | Updated: January 04, 2020 12:21:19


Bourses pop in early trading

Stocks witnessed upward trend in early hours of trading on Thursday, the second day of the New Year, as optimistic investors are showing their appetite on sector-wise issues.

Following the previous day’s flat ending, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 18 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 rose more than 23 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 62 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 23.64 points or 0.53 per cent to stand 4,476 points at 11:00am.

The DS30 index, comprising blue chips, also gained 9.88 points to reach at 1,511 points. The DSE Shariah Index rose 6.21 points to stand at 1,009 points till then.

Turnover, the important indicator of the market, stood at Tk 758 million on DSE when the report was filed at 11:00am.

Khulna Power was the most traded stocks till then with shares worth Tk 62 million changing hands, closely followed by Beximco, Standard Ceramic, Western Marine Shipyard and Ring Shine Textile.

Of the issues traded till then, 192 advanced, 53 declined and 65 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index- CASPI-advancing 62 points to stand at 13,570 points, also at 11:00am.

The Selective Category Index – CSCX – also gained 31 points to stand at 8,226 points till then.

Of the issues traded till then, 52 advanced, 13 declined 6 issues remained unchanged with Tk 18 million in turnover.

babulfexpress@gmail.com

Share if you like