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DSE, CSE see sharp gain in early trading

| Updated: May 30, 2019 10:50:45


Stocks see sharp gain in early trading

Stocks witnessed sharp rise in early trading on Tuesday as the investors were active on sector-wise shares.

Following the previous few days’ flat movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw sharp gain amid rising trading activities.

Within first 30 minutes of trading, the key index of the country’s prime bourse advanced 26 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 86 points at 10:30am.

After 90 minutes of trading, DSEX advanced more than 44 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 102 points at 11:30am when the report was filed.

DSEX, the prime index of the DSE, went up by 44.16 points or 0.84 per cent to reach at 5,297 points at 11:30am.

The DS30 index comprising blue chips advanced 15.81 points to reach at 1,844 and the DSE Shariah Index rose 9.98 points to stand at 1,199 points till then.

Turnover, the important indicator of the market, stood at Tk 1.38 billion on DSE when the report was filed at 11:30am.

Of the issues traded till then, 234 advanced, 45 declined and 55 remained unchanged on the DSE trading floor.

National Life Insurance was the most traded stocks till then with shares worth Tk 64 million changing hands, closely followed by United Power, Global Insurance, Eastern Cables and JMI Syringes.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index- CASPI-advancing 102 points to stand at 16,119 points, also at 11:30am.

The Selective Category Index – CSCX –also gained 64 points to stand at 9,759 till then.

Of the issues traded till then, 93 gained, 38 declined and 26 issues remained unchanged with Tk 301 million in turnover.

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