The Financial Express

DSE, CSE rise in early trading amid pre-Eid sale pressure

| Updated: August 07, 2019 15:29:47

Stocks rise in early trading amid sale pressure

Stocks witnessed upward trend in early trading on Tuesday as investors were active on sector specific shares amid eased of pre-Eid sale pressure.

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

Within first 15 minutes of trading, the key index of the country’s prime bourse gained 23 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 48 points at 10:45am.

After 30 minutes of trading, the DSEX rose more than 22 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 50 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 22.28 points or 0.43 per cent to stand 5,182 points at 11:00am.

The DS30 index, comprising blue chips, gained 7.18 points to reach at 1,834 points till then. The DSE Shariah Index also rose 6.50 points to stand at 1,196.

Turnover, the important indicator of the market, stood at Tk 1.21 billion on DSE when the report was filed at 11:00am.

United Power was the most traded stocks till then with shares worth Tk 88 million changing hands, closely followed by Monno Ceramic, Indo-Bangla Pharma, JMI Syringes and VFS Thread Dyeing.

Of the issues traded till then, 193 advanced, 63 declined and 53 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 50 points to stand at 15,838 points, also at 11:00am.

The Selective Category Index – CSCX – also gained 30 points to stand at 9,627 points till then.

Of the issues traded till then, 46 advanced, 12 declined 9 remained unchanged with Tk 30 million in turnover.



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