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The Financial Express

DSE opens higher, CSE slides

| Updated: January 24, 2022 15:49:58


DSE opens higher, CSE slides

Dhaka stocks opened slightly higher while Chittagong stocks declined marginally on Sunday as investors traded cautiously amid the rising trend of coronavirus cases and death in the country.

Following the previous week’s gaining streak, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up10.85 points or 0.15 per cent to stand at 7,116, after the first hour of trading at 11:00am.

Two other indices also saw positive trends till then. The DS30 index, comprising blue chips, gained 4.82 points to reach 2,640 points and the Shariah Index (DSES) advanced 1.55 points to stand at 1,510.

Turnover, another important indicator of the market, stood at Tk 4.10 billion within the first hour of trading at 11:00am.

Of the issues traded till then, 135 advanced, 170 declined and 54 issues remained unchanged on the DSE trading floor till then.

Beximco was the most traded stock till then with shares worth Tk 768 million changing hands, followed by Fu-Wang Food, Bangladesh Shipping Corporation, Asia Insurance and Sonali Paper & Board Mills.

However, the Chittagong Stock Exchange opened marginally lower with its All Shares Price Index (CASPI)—losing 46 points to stand at 20,770, while the Selective Categories Index – CSCX shedding 27 points to reach at 12,477, also at 11:00am.

Of the issues traded till then 49 advanced, 95 declined, and 14 remained unchanged with Tk 65 million in turnover.

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