Bourses eke out some gains at opening


FE Online Report | Published: October 24, 2018 11:41:53 | Updated: October 31, 2018 16:25:09


Bourses eke out some gains at opening

The prices of most of the shares witnessed positive trend in early hour of trading Wednesday as investors are showing their buying appetite on sector specific issues.

Following the recent steep fall, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher but trading activities remained low.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 27 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 22 points at 10:45am.

After 30 minutes of trading, the DSEX gained more than 21 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 22 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 21 points or 0.41 per cent to stand 5,274 points at 11:00am.

The DS30 index, comprising blue chips, also rose 7.40 points to reach at 1,871 points till then. The DSE Shariah Index gained 3.63 point to stand at 1,215 points.

Turnover, the important indicator of the market, stood at Tk 777 million on DSE when the report was filed at 11:00am.

Beximco was the most traded stocks till then with shares worth Tk 134 million changing hands, followed by Delta Life Insurance with Tk 54 million, Shahjala Islami Bank Tk 45 million, BBS Cables Tk 42 million and Dragon Sweater Tk 30 million.

Of the issues traded till then, 147 advanced, 66 declined and 46 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – also saw positive trend till then with CSE All Share Price Index- CASPI-gaining 22 points to stand at 16,155 points, also at 11:00am.

The Selective Category Index – CSCX –also advanced 14 points to stand at 9,787 points till then.

Of the issues traded till then, 36 gained, 26 declined and 11 issues remained unchanged with Tk 41 million in turnover.

babulfexpress@gmail.com

Share if you like