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DSE, CSE edge up in volatility trade

| Updated: June 27, 2019 11:58:44


Stocks edge up in volatility trade

Stocks witnessed choppy trading in early hours of trading on Tuesday as investors mostly followed cautious stance.

Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive trend amid choppy trading.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 5.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 25 points at 10:45am.

After 30 minutes of trading, the DSEX gained 4.82 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 57 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 4.82 points or 0.10 per cent to stand 5,378 points at 11:00am.

The DSE Shariah Index also advanced 1.15 points to stand at 1,231 points. However, the DS30 index, comprising blue chips, fell 1.14 points to reach at 1,892 points till then.

Turnover, the important indicator of the market, stood at Tk 632 million on DSE when the report was filed at 11:00am.

JMI Syringes was the most traded stocks till then with shares worth Tk 93 million changing hands, closely followed by Global Insurance, Bangladesh Shipping Corporation, Genex Infosys and Runner Automobiles.

Of the issues traded till then, 138 advanced, 82 declined and 78 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 57 points to stand at 16,528 points, also at 11:00am.

The Selective Category Index – CSCX –also gained 35 points to stand at 10,016 points till then.

Of the issues traded till then, 44 advanced, 20 declined 10 issues remained unchanged with Tk 152 million in turnover.

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