Stocks positive amid slow trading activities

Dhaka,  Thu,  20 July 2017
Published : 18 Jul 2017, 11:28:26
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Stocks positive amid slow trading activities

Stocks positive amid slow trading activities
FE Online Report
The prices of most of the shares on both bourses saw positive trend in early hour of trading Tuesday as some investors are taking position on sector specific issues.

After witnessing modest correction in the previous day, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened positive amid slow trading activities.

After first 15 minutes of trading, the key index of the country’s prime bourse rose 7.05 points while the Selective Category Index of port city bourse advanced 17 points at 10:45am.

After 30 minutes of trading, DSEX advanced 5.87 points while the Selective Category Index of port city bourse rose 14 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 5.87 points or 0.10 per cent to come down at 5,840 points at 11:00am.

The two other induces also stayed positive trend till then. The DS30 index, comprising blue chips advanced 2.24 points or 0.10 per cent to 2,135 points. The DSE Shariah Index (DSES) gained 1.46 points or 0.11 per cent to stand at 1,326 points.

Turnover, the important indicator of the market, stood at Tk 1.40 billion when the report was filed at 11:00am.

Of the issues traded till then, 125 advanced, 85 declined and 60 remained unchanged.

Shahjibazar Power led the turnover chart till then with shares worth Tk 217 million changing hands, followed by Simtex Industries Tk 86 million, Confidence Cement Tk 76 million, MJL BD Tk 75 million and Fu-Wang Food Tk 47 million.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with its Selective Category Index – CSCX – gaining 14 points to stand at 10,920 points, also at 11:00am.

Of the issues traded till then, 42 gained, 37 declined and 27 issues remained unchanged with BDT 45 million in turnover.

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