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The Financial Express

Stocks open higher amid rising turnover

| Updated: March 03, 2021 16:38:12


Stocks open higher amid rising turnover

Stocks opened on an upbeat note on Tuesday as optimistic investors are showing their appetite on sector-wise issues.

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

Within the first hour into trade, DSEX rose more than 44 points while the CSE All Share Price Index (CASPI) of port city’s bourse soared 126 points at 11:00 am when the report was filed.

DSEX, the prime index of the DSE, went up by 44.38 points or 0.81 per cent to stand 5,471 points till then.

The DS30 index, comprising blue chips, also rose 21.40 points to reach at 2,090 and the Shariah Index (DSES) gained 6.84 points to stand 1,235 points till then.

Turnover, another important indicator of the market, stood at Tk 2.65 billion within the first hour of trading at 11:00 am.

Of the issues traded till then, 212 advanced, 36 declined and 69 remained unchanged.

BATBC was the most traded stock till then with shares worth Tk 314 million changing hands, followed by Beximco, Robi, LankaBangla Finance, and Beximco Pharma.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) opened higher with CSE All Share Price Index- CASPI- soaring 126 points to stand at 15,813, also at 11:00 am.

Of the issues traded till then, 87 gained, 20 declined, and 27 issues remained unchanged with Tk 103 million in turnover.

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