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DSE up, CSE down in early trading Tuesday

| Updated: May 09, 2018 11:28:07


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The Dhaka Stock Exchange (DSE) witnessed positive trend while port city’s bourse saw negative trend in early trading Tuesday amid slow trend.

Brokers said the investors remained followed cautious stance as most of the companies declared lower than expected dividends and earnings results.

Following the previous four days’ correction, the DSE and the Chittagong Stock Exchange (CSE) opened on positive trend amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 13 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 3.21 points at 10:45am.

After 30 minutes of trading, the DSEX gained more than 8.79 points while the CSE All Share Price Index (CASPI) of port city’s bourse fell 12 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 8.79 points or 0.15 per cent to reach at 5,692 points at 11:00am.

The DS30 index, comprising blue chips, also gained 1.55 points or 0.07 per cent to reach at 2,115 points.

The DSE Shariah Index (DSES) rose 1.32 points or 0.10 per cent to reach at 1,319 points till then.

Turnover, the important indicator of the market, stood at Tk 798 million when the report was filed at 11:00am.

Of the issues traded till then, 117 advanced, 78 declined and 66 remained unchanged.

Beximco was the most traded stocks till then with shares worth Tk 110 million changing hands, closely followed by United Power Tk 54 million, Navana CNG Tk 49 million, Shepherd Industries Tk 34 million and BBS Cables Tk 30 million.

However, the port city bourse saw downward trend till then with CSE All Share Price Index- CASPI-losing 12 points to stand at 17,559, also at 11:00am.

The Selective Category Index – CSCX –also fell 11 points to stand at 10,602 points till then.

Of the issues traded till then, 34 gained, 38 declined and 18 issues remained unchanged with Tk 24 million in turnover.

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