The Financial Express

Bourses edge up on buying spree

| Updated: July 10, 2018 13:03:01

Stocks edge up on buying spree

Prices of most of the shares on bourses saw positive trend in early hour of trading Monday as some investors are showing buying appetite on sector-wise stocks.

Following the last session’s flat movement, 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 rose more than 10 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 20 points at 10:45am.

After 30 minutes of trading, the DSEX gained more than 19 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 38 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 19.34 points or 0.36 per cent to reach at 5,385 points at 11:00am.

The DS30 index, comprising blue chips, also advanced 5.52 points to reach at 1,934 points.

The DSE Shariah Index gained 6.08 points to reach at 1,273 points till then.

Turnover, the important indicator of the market, stood at Tk 1.84 billion when the report was filed at 11:00am.

The newly listed Bashundhara Paper Mills was the most traded stocks till then with shares worth Tk 157 million changing hands, closely followed by legacy Footwear Tk 116 million, Prime Textile 101 million, Ratanpur Steel Tk 99 million and Dragon Sweater Tk 79 million.

Of the issues traded till then, 140 advanced, 64 declined and 50 remained unchanged on the DSE trading floor.

The port city’s bourse also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 38 points to stand at 16,555, also at 11:00am.

The Selective Category Index – CSCX –also advanced 22 points to stand at 10,015 points.

Out of 113 issues traded on the CSE trading floor, 67 gained, 33 declined and 13 remained unchanged with Tk 64 million in turnover.

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