DSE, CSE higher amid thin trading

Dhaka,  Tue,  26 September 2017
Published : 24 Aug 2017, 12:15:36

Stocks mostly higher in early trading

DSE, CSE higher amid thin trading
FE Online Report
The prices of most of the shares witnessed upward trend in early hour of trading on Thursday as investors continued to take position on sector-wise large-cap issues.

Following the previous day’s marginal correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend at opening amid thin participation of investors as Eid festival nears.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced nearly 10 points while the Selective Category Index of port city bourse rose 4.27 points at 10:15am.

After first 30 minutes of trading, DSEX rose more than 16 points while the Selective Category Index of port city bourse advanced 17 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 16.04 points or 0.27 per cent to reach at 5,872 points at 11:00am.

Two other indices saw positive trend till then. The DS30 index, comprising blue chips, advanced 5.21 points or 0.25 per cent to 2,108 points. The DSE Shariah Index (DSES) rose 2.59 points or 0.19 to stand at 1,307 points.

Turnover, the important indicator of the market, stood at Tk 896 million when the report was filed at 11:00am.

Bangladesh Building Systems led the transaction chart with shares worth Tk 138 million changing hands, closely followed by BBS Cables Tk 127 million, United Finance Tk 46 million, Monno Ceramics Tk 45 million and Salvo Chemicals Tk 26 million.

Of the issues traded till then, 134 advanced, 64 declined and 47 remained unchanged.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive till then trend with its Selective Category Index – CSCX advancing 17 points to stand at 11,002 points, also at 11:00am.

Of the issues traded till then, 45 gained, 19 declined and 8 issues remained unchanged with Tk 36 million in turnover. 

Editor : A.H.M Moazzem Hossain
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