The Financial Express

Bourses open week on positive note

| Updated: November 09, 2020 13:21:10

Bourses open week on positive note

Stocks witnessed positive trend in early trading on Sunday as bargain hunters remained active on sector-wise issues based on corporate declarations.

Following the previous week’s upward trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on a positive note.

Within the first 30 minutes of trading, the DSE key index rose more than 5.0 points while the CSE All Share Price Index- CASPI gained 7.0 points at 10:30 am when the report was filed.

DSEX, the prime index of the DSE, went up by 5.52 points or 0.11 per cent to reach 4,947 points at 10:30 am.

The DS30 index, comprising blue chips, gained 0.03 point to reach at 1,725 till then. However, the Shariah Index (DSES) saw a fractional loss of 0.65 points to reach 1,119 points till then.

Market operators said the bargain hunters remained active on sector-wise stocks based on latest year-end dividend and quarter-end earnings declarations.

Turnover, another important indicator of the market, stood at Tk 1.64 billion when the report was filed at 10:30 am.

Of the issues traded till then, 145 advanced, 75 declined and 87 remained unchanged.

Beximco Pharma was the most traded stocks till then with shares worth Tk 213 million changing hands, closely followed by Beximco, Associated Oxygen, Northern Insurance and Provati Insurance.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with CSE All Share Price Index- CASPI-gaining 7.0 points to stand at 14,195, also at 10:30am.

The Selective Categories Index – CSCX also gained 4.0 points to reach 8,540 till then.

Of the issues traded till then, 40 gained, 21 declined, and 14 issues remained unchanged with Tk 89 million in turnover.

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