DSE, CSE mixed at opening

Dhaka,  Wed,  20 September 2017
Published : 03 Aug 2017, 11:50:21

Stocks witness mixed trend in early trading

DSE, CSE mixed at opening
FE Online Report
Stocks witnessed downward trend in early hour of trading on Thursday as investors are active both sides of trading fence.

Following the previous three days’ upward trend, the Dhaka Stock Exchange (DSE) opened lower while the Chittagong Stock Exchange (CSE) saw positive trend at opening amid thin participation of investors.

Within first 15 minutes of trading, the key index of the country’s prime bourse fell 3.10 points while the Selective Category Index of port city bourse advanced nearly 10 points at 10:15am.

After first 30 minutes of trading, the DSEX fell 3.96 points while the Selective Category Index of port city bourse lost 14 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 3.96 points to reach at 5,887 points at 11:00am.

The DS30 index, comprising blue chips also fell 5.33 points or 0.25 per cent to 2,126 points. The DSE Shariah Index (DSES) lost 1.16 points or 0.08 to stand at 1,314 points.

Turnover, the important indicator of the market, stood at Tk 1.50 billion when the report was filed at 10:30am, riding Saif Powertec.

Saif Powertec emerged as turnover leader with shares worth Tk 192 million changing hands till then, as investors grabbed its shares following the news that production of new battery unit of the company will be commenced from Saturday (August 5).

Saif Powertec was followed by C&A Textile worth Tk 103 million, Tung Hai Knitting Tk 66 million, Confidence Cement Tk 65 million and Prime Bank Tk 60 million.

Of the issues traded till then, 133 advanced, 81 declined and 52 remained unchanged.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw downward trend till then trend with its Selective Category Index – CSCX –losing 14 points to stand at 11,024 points, also at 11:00am.

Of the issues traded till then, 49 gained, 44 declined and 25 issues remained unchanged with Tk 62 million in turnover.

Editor : A.H.M Moazzem Hossain
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