Stocks mostly higher in early trading

Dhaka,  Sun,  24 September 2017
Published : 20 Aug 2017, 11:39:58

Stocks mostly higher in early trading

FE Online Report
The prices of most of the shares witnessed upward trend in early hour of trading on Sunday as investors are showing their buying appetite on sector-wise stocks.

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

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 22 points while the Selective Category Index of port city bourse rose 40 points at 10:15am.

After first 30 minutes of trading, DSEX rose more than 18 points while the Selective Category Index of port city bourse advanced 40 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 18.22 points or 0.31 per cent to reach at 5,879 points at 11:00am.

Two other indices saw positive trend till then. The DS30 index, comprising blue chips, advanced 6.75 points or 0.32 per cent to 2,116 points. The DSE Shariah Index (DSES) rose 6.79 points or 0.52 to stand at 1,311 points.

Turnover, the important indicator of the market, stood at Tk 1.48 billion when the report was filed at 11:00am.

BBS Cables emerged as turnover leader with shares worth Tk 209 million changing hands till then, closely followed by Active Fine Chemicals Tk 88 million, ACME Laboratory Tk 67 million, Golden Harvest Agro Industries Tk 56 million and C&A Textiles 51 million.

Of the issues traded till then, 169 advanced, 58 declined and 49 remained unchanged.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with its Selective Category Index – CSCX advancing 40 points to stand at 11,042, also at 11:00am.

Of the issues traded till then, 59 gained, 29 declined and 14 issues remained unchanged with Tk 48 million in turnover.

Editor : A.H.M Moazzem Hossain
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