DSE, CSE mixed at opening

Dhaka,  Sat,  23 September 2017
Published : 20 Apr 2017, 12:36:27

Stocks witness mix trend in early trading

DSE, CSE mixed at opening
FE Online Report
The prices of shares on both bourses witnessed mixed trend in early trading on Thursday as investors were active both sides of trading fence.

Following the previous day’s correction, the key index of the country’s prime bourse advanced 7.30 points while the Selective Category Index of port city bourse rose 4.06 points within first 15 minutes of trading at 10:45am.

After 30 minutes of trading, the DSEX went down by 7.02 points, while the Selective Category Index of port city bourse remained on positive direction with 7.20 points gain.

Meanwhile, share prices of most of the banks continued to decline as 25 banks were in the red till 11:00am, out of 30 listed banks.

DSEX, the prime index of the DSE went down by 7.02 points or 0.12 per cent to 5,548 points when the report was filed at 11:00am.

The DS30 index, comprising blue chips also fell 0.20 points to 2,055 points. The DSE Shariah Index (DSES) lost 1.77 points or 0.13 per cent to reach at 1,278 points at 11:00am.

Turnover, the crucial indicator of the market, stands at only Tk 833 million on the DSE, when the report was filed at 11:00am.

Saif Powertec topped the turnover chart with shares worth Tk 69 million changing hands till then, closely followed by Islamic Finance Tk 66 million, Exim Bank Tk 58 million, BDCOM Online Tk 54 million and LankaBangla Finance Tk 51 million.

Of the issues traded till then, 93 advanced, 94 declined and 46 issues remained unchanged till 11:00am.

However, the port city bourse, the Chittagong Stock Exchange (CSE), saw positive trend till then with its Selective Category Index – CSCX – advancing 7.20 points to stand at 10,452, also at 11:00am.

Of the issues traded till then, 37 gained, 33 declined and 23 remained unchanged with a turnover value of Tk 34 million.

Editor : A.H.M Moazzem Hossain
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