Stocks witness mixed trend in early trading

Dhaka,  Wed,  20 September 2017
Published : 02 Aug 2017, 11:47:05
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Stocks witness mixed trend in early trading

FE Online Report
Stocks witnessed mixed trend in early hour of trading on Wednesday as investors remained active in both sides of trading fence.

Following the previous two days’ sharp gain, the Dhaka Stock Exchange (DSE) saw positive trend while the Chittagong Stock Exchange (CSE) witnessed negative trends in early trading.

Within first 15 minutes of trading, the key index of the country’s prime bourse fell 6.68 points while the Selective Category Index of port city bourse lost 21 points at 10:15am.

After first 30 minutes of trading, the DSEX advanced 0.52 points while the Selective Category Index of port city bourse fell 24 points at 10:30am when the report was filed.

DSEX, the prime index of the DSE, went up by 0.52 points to reach at 5,876 points at 10:30am.

The DSE Shariah Index (DSES) advanced 0.39 points or 0.15 to stand at 1,334 points.

However, the DS30 index, comprising blue chips fell 3.31 points or 0.15 per cent to 2,134 points.

Turnover, the important indicator of the market, stood at Tk 1.92 billion when the report was filed at 10:30am.

Of the issues traded till then, 136 advanced, 80 declined and 02 remained unchanged.

LankaBangla Finance led the turnover chart with shares worth Tk 475 million changing hands, closely followed by Tung Hai Knitting Tk 121 million, BBS Cables Tk 93 million, Fu-Wang Food Tk 89 million and Saif Powertec Tk 79 million.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw downward trend till then trend with its Selective Category Index – CSCX –losing 24 points to stand at 10,978 points, also at 10:30am.

Of the issues traded till then, 41 gained, 40 declined and 26 issues remained unchanged with Tk 62 million in turnover.

-bb/rmc//
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