DSE, CSE witness upward trend at opening

Dhaka,  Mon,  24 April 2017
Published : 16 Mar 2017, 12:45:26
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DSEX crosses 5,700-mark in early trading

DSE, CSE witness upward trend at opening
FE Online Report
The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed upward trend in early trading Thursday as optimistic investors were active on sector specific issues.

Following the previous marginal gain, the key index of the Dhaka Stock Exchange (DSE) rose 14.68 points while the Selective Category Index of port city bourse advanced 26.41 points at 10:45am.

After 30 minutes of trading, the key index of the country’s major bourse stands at 5,700.24 points, advancing 15.93 points while the Selective Category Index of port city bourse rose 16.31 points at 11:00am.

DSEX the prime index of the DSE went up by 15.93 points or 0.28 per cent to 5,700.24 points when the report was filed at 11:00am.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips advanced 4.26 points or 0.21 per cent to 2,055.59. The DSE Shariah Index (DSES) gained 2.71 points or 0.21 per cent to 1,312.53.

Turnover, the crucial indicator of the market, stands at Tk 1.42 billion on the DSE, when the report was filed at 11:00am, riding on IFIC Bank and LankaBangla Finance.

IFIC Bank dominated the turnover chart with shares worth Tk 165 million changing hands till then following the news of its rights offer approval. It was followed by LankaBangla Finance Tk 91 million, Quasem Drycells Tk 66 million, Khan Brothers PP Woven Bag Industries Tk 52 million and National Bank Tk 45 million.

Of the issues traded till then, 146 advanced, 60 declined and 51 issues remained unchanged till 11:00am.

The port city bourse, the Chittagong Stock Exchange (CSE), also saw positive trend till then with its Selective Category Index – CSCX – advancing 16.31 points to 10,703, also at 11:00am.

Of the issues traded till then, 60 gained, 30 declined and 32 remained unchanged with a turnover value of Tk 68 million.

 

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