The prices of most of the shares on both bourses witnessed positive trend in early hour of trading Monday as some investors are showing their buying appetite on sectors-wise stocks.
Following the previous two days’ downturn, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with rising turnover trading activities.
Within first 30 minutes of trading, the key index of the country’s prime bourse advanced more than 26 points while the CSE All Share Price Index (CASPI) of port city bourse gained 18 points at 10:30am.
After first hour of trading, the DSEX advanced more than 23 points while the CSE All Share Price Index (CASPI) of port city bourse rose 40 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went up by 23.25 points or 0.43 per cent to reach at 5,346 points at 11:00am.
The DS30 index, comprising blue chips, advanced 9.89 points to reach at 1,964 points.
The DSE Shariah Index (DSES) also gained 7.02 points to reach at 1,236 points till then.
Turnover, the important indicator of the market, stood at Tk 1.60 billion when the report was filed at 11:00am.
Of the issues traded till then, 159 advanced, 73 declined and 59 remained unchanged.
United Power was the most traded stocks till then with shares worth Tk 135 million changing hands, closely followed by Pharma Aid Tk 78 million, Alif Industries Tk 70 million, BD Autocars Tk 59 million and Aramit 58 million.
The port city bourse–the Chittagong Stock Exchange (CSE)—also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 40 points to stand at 16,458, also at 11:00am.
The Selective Category Index – CSCX –also gained 24 points to stand at 9952 points till then.
Of the issues traded till then, 47 gained, 31 declined and 20 issues remained unchanged with Tk 22 million in turnover.