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Stocks open positive in early trading

| Updated: February 28, 2018 11:31:02


Stocks open positive in early trading

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading on Tuesday as some investors are active on sector-wise stocks.

Following the previous seven days’ sharp fall of 328 points correction, the Dhaka Stock Exchange (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 28 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 44 points at 10:45 am.

After 30 minutes of trading, the DSEX gained more than 15 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 68 points at 11:00 am when the report was filed.

DSEX, the prime index of the DSE, went up by 15.40 points or 0.26 per cent to reach at 5,790 points at 11:00 am.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips advanced 4.48 points or 0.21 per cent to reach at 2,131 points.

The DSE Shariah Index (DSES) also gained 2.25 points or 0.16 per cent to stand at 1,351 points till then.

Turnover, the important indicator of the market, stood at Tk 389 million when the report was filed at 11:00 am amid ongoing liquidity crisis.

Of the issues traded till then, 170 advanced, 44 declined and 44 remained unchanged.

Al-Afarah Islami Bank was the most traded stocks till then with shares worth Tk 18 million changing hands, closely followed byFine Foods Tk 12 million, Keya Cosmetics Tk 11 million, Unique Hotel & Resorts Tk 10.90 million and Alif Industries Tk 10 million.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with CSE All Share Price Index- CASPI- gaining 68 points to stand at 17,918, also at 11:00 am.

The Selective Category Index – CSCX –also gained 41 points to stand at 10,814 points till then.

Of the issues traded till then, 62 gained, 7 declined and 10 issues remained unchanged with Tk 14 million in turnover.

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