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Stocks witness mixed trend after first hour of trading

| Updated: February 28, 2019 11:37:58


FE file photo used for representation FE file photo used for representation

Stocks on both the bourses witnessed a mixed trend after first hour of trading on Tuesday as investors were seen active on both sides of trading fence.

Following the previous day’s upturn, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher.

Within 30 minutes of trading, DSEX, the prime index of the DSE, advanced more than 12 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 32 points at 11:00am.

After one hour of trading, the DSEX fell more than 8.0 points while the CASPI of the Chattogram bourse advanced 20 points at 11:30am when the report was filed.

The DSEX went down by 8.07 points or 0.14 per cent to stand at 5,747 points at 11:30am.

The DS30 index, comprising blue chips, also fell 2.32 points to reach at 2014 points till then.

However, the DSE Shariah Index gained 0.83 points to stand at 1,320 points at 11:30am.

Turnover, the important indicator of the market, stood at Tk 1.84 billion on DSE when the report was filed at 11:30am.

Square Pharmaceuticals was the most traded stocks till then with shares worth Tk 162 million changing hands, closely followed by Sonar Bangla Insurance, Khulna Power, Brac Bank, and United Power.

Of the issues traded till then, 118 advanced, 146 declined, and 57 remained unchanged on the DSE trading floor.

However, the Chittagong Stock Exchange (CSE) saw a positive trend till then with the CASPI advancing 20 points to stand at 17,613 points, also at 11:30am.

The Selective Category Index (CSCX) also gained 13 points to stand at 10,667 points till then.

Of the issues traded till then, 58 gained, 62 declined, and 19 issues remained unchanged with Tk 40 million in turnover.

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