Stocks witness positive trend in early trading

Dhaka,  Sat,  22 July 2017
Published : 18 Apr 2017, 13:33:23
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Stocks witness positive trend in early trading

FE Online Report
The prices of most of the shares on both bourses witnessed positive trend in early trading Tuesday as some optimistic investors started to take position on lucrative issues.

Following the previous day’s marginal gain, the key index of the country’s prime bourse advanced 2.15 points within first 15 minutes of trading at 10:45am.

After 30 minutes of trading, the DSEX went up by 14 points, while the Selective Category Index of port city bourse rose 25 points when the report was filed at 11:00am.

DSEX, the prime index of the DSE went up by 14.08 points or 0.25 per cent to stand at 5,610.20.

The DS30 index, comprising blue chips also advanced 5.05 points or 0.16 per cent to stand at 2,071.07 points. The DSE Shariah Index (DSES) rose 2.23 points or 0.22 per cent to reach at 1,270.54 at 11:00am.

Turnover, the crucial indicator of the market, stands at only Tk 741 million on the DSE.

LankaBangla Finance led the turnover chart with shares worth Tk 100 million changing hands till then, closely followed by BDCOM Online Tk 88 million, Shahjibazar Power Company Tk 47 million, Islami Bank Tk 43 million and Regent Textile Mills Tk 30 million.

Of the issues traded till then, 121 advanced, 56 declined and 42 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 25 points to stand at 10,535.

Of the issues traded till then, 52 gained, 17 declined and 17 remained unchanged with a turnover value of Tk 47 million.

-bb/rmc//
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