Stocks up at opening as banks keep gaining


FE Online Report | Published: December 19, 2017 11:42:46 | Updated: December 19, 2017 15:57:11


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The prices of most of the shares on both bourses witnessed upward trend Tuesday as optimistic investors remained active on banking sector shares ahead of year-closing.

Following the previous day’s marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened positive trend with trading activities remains low.

After first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 12 points while the CSE All Shares Price Index of port city bourse gained 4.12 points at 10:45am.

After first 30 minutes of trading, the key index of the country’s prime bourse rose nearly 19 points while the CSE All Shares Price Index of port city bourse advanced 21 points at 11:00am when the report was filed.

27 banks witnessed upward trend, out of 30 listed banks since 11:00am.

DSEX, the prime index of the DSE, went up by 18.86 points or 0.30 per cent to reach at 6,243 points, when the report was filed.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips also advanced 3.24 points or 0.14 per cent to reach at 2,248.

The DSE Shariah Index (DSES) gained 2.18 points or 0.16 per cent to 1,376 points.

Turnover, the important indicator of the market, stood at Tk 536 million when the report was filed at 11:00am.

Of the issues traded till then, 116 nudged higher, 76 declined and 54 remained unchanged.

Islami Bank was the most traded stocks till then with shares worth Tk 85 million changing hands, closely followed by National Tubes Tk 51 million, National Bank Tk 20 million, Eastern Bank Tk 19 million and Aamra Networks Tk 15 million.

The port city bourse also saw positive trend till then with its All Shares Price Index, CAPSI – advancing 21 points to stand at 19,292, also at 11:00am.

The Selective Categories Index of the port city bourse also gained 13 points to reach at 11,656 points till then. 

Of the issues traded till then, 31 gained, 26 declined and 10 issues remained unchanged with Tk 13 million in turnover.

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