Stocks mostly higher in early trading

Dhaka,  Tue,  26 September 2017
Published : 17 Aug 2017, 12:11:40

Stocks mostly higher in early trading

FE Online Report
Most shares witnessed an upward price trend in the first hour of trading on Thursday as investors are showing their buying appetite on sector-wise stocks.

Following the previous day’s moderate correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw a positive trend at the opening amid increasing participation of investors.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 16 points while the Selective Category Index of the port city bourse rose 39 points at 10:15am.

After first 30 minutes of trading, DSEX rose nearly 18 points while the Selective Category Index of the port city bourse advanced 28 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 17.99 points or 0.31 per cent to reach at 5,901 points at 11:00am.

Two other indices saw a positive trend till then. 

Of them, DS30 index, comprising blue chips, advanced 6.42 points or 0.30 per cent to 2,119 points, and DSE Shariah Index (DSES) rose 2.83 points or 0.21 to stand at 1,307 points.

Turnover, an important indicator of the market, stood at Tk 1.06 billion when the report was filed at 11:00am.

BBS Cables emerged as turnover leader with shares worth Tk 135 million changing hands till then, closely followed by Salvo Chemicals Tk 103 million, Uttara Bank Tk 60 million, Mercantile Bank Tk 50 million and Pubali Bank Tk38 million.

Of the issues traded till then, 145 advanced, 47 declined and 53 remained unchanged.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw an upward trend till then with its Selective Category Index – CSCX – advancing 28 points to stand at 11,071 points, also at 11:00am.

Of the issues traded till then, 58 gained, 21 declined and 8 issues remained unchanged with Tk 65 million in turnover. 

Editor : A.H.M Moazzem Hossain
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