DSE, CSE open positive with slow trend

The prices of most of the shares on both bourses witnessed positive trend Monday amid slow trading as investors remained followed cautious stance ahead of year-closing.

Following the previous day’s marginal correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened positive trend with low trading activities.

After first 15 minutes of trading, the key index of the country’s prime bourse advanced 7.88 points while the CSE All Shares Price Index of port city bourse gained 3.45 points at 10:45am.

After first 30 minutes of trading, the prime bourse rose 10.82 points while the CSE All Shares Price Index of port city bourse advanced 8.26 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 10.82 points or 0.17 per cent to reach at 6,224, when the report was filed.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips also advanced 5.24 points or 0.23 per cent to reach at 2,244.

The DSE Shariah Index (DSES) gained 2.82 points or 0.16 per cent to stand at 1,375 points.

Turnover, the important indicator of the market, stood at Tk 682 million when the report was filed at 11:00am.

Of the issues traded till then, 140 nudged higher, 64 declined and 56 remained unchanged.

Alif Manufacturing Company (former CMCK Kamal Textile) was the most traded stocks till then with shares worth Tk 124 million changing hands, closely followed by Aamra Networks Tk 36 million, Confidence Cement Tk 33 million, Square Pharma Tk 26 million and Shahjalal Islami Bank Tk 25 million.

The port city bourse also saw positive trend till then with its All Shares Price Index, CAPSI – advancing 8.26 points to stand at 19,250, also at 11:00am.

The Selective Categories Index of the CSE also gained 4.28 points to reach at 11,628 points till then.

Of the issues traded till then, 28 gained, 19 declined and 21 issues remained unchanged with Tk 21 million in turnover.

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