Stock markets move narrowly at opening


FE Online Report | Published: October 01, 2018 11:32:23 | Updated: October 05, 2018 11:55:28


DSE, CSE move slowly at opening

The prices of most of the shares saw upward trend in early hour of trading Monday as investors are active on sector-wise stocks.

Following the previous day’s marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 20 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 38 points at 10:45am.

After 30 minutes of trading, the DSEX rose more than 31 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 42 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 31.73 points or 0.59 per cent to stand 5,400.69 points at 11:00am.

The DS30 index, comprising blue chips, also rose 9.86 points to reach at 1,899 points till then. The DSE Shariah Index also gained 7.23 points to stand at 1,246.

Turnover, the important indicator of the market, stood at Tk 1.26 billion on DSE when the report was filed at 11:00am.

SK Trims Industries was the most traded stocks till then with shares worth Tk 148 million changing hands, closely followed by Khulna Power with Tk 89 million, United Power Tk 88 million, IFAD Autos Tk 67 million and Monno Ceramic Tk 66 million.

Of the issues traded till then, 200 advanced, 30 declined and 35 remained unchanged on the DSE trading floor.

The port city’s bourse–the Chittagong Stock Exchange–saw upward trend till then with CSE All Share Price Index- CASPI-gaining 42 points to stand at 16,525, also at 11:00am.

The Selective Category Index – CSCX –also rose 25 points to stand at 10,009 points till then.

Of the issues traded till then, 47 gained, 17 declined and 06 issues remained unchanged with Tk 35 million in turnover.

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