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Stocks open on positive trend amid low turnover

| Updated: December 18, 2017 10:45:14


DSE, CSE rise amid low turnover

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive trend Sunday amid low turnover as investors remained followed cautious stance ahead of year closing.

Following the previous week’s marginal correction, the DSE and the CSE opened positive trend with low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 11 points while the CSE All Shares Price Index of port city bourse gained 21 points at 10:45am.

After first 30 minutes of trading, the key index of the prime bourse rose 7.44 points while the CSE All Shares Price Index of port city bourse advanced 5.82 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 7.44 points or 0.12 per cent to reach at 6,237 points, when the report was filed at 11:00am.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips also advanced 1.29 points or 0.06 per cent to reach at 2,248 points. The DSE Shariah Index (DSES) gained 0.80 points or 0.05 per cent to 1,377.

Turnover, the important indicator of the market, stood at Tk 376 million when the report was filed at 11:00am.

Of the issues traded till then, 128 nudged higher, 60 declined and 61 remained unchanged.

RAK Ceramic was the most traded stocks till then with shares worth Tk 25 million changing hands, closely followed by RD Food Tk 23 million, Wata Chemical Tk 22 million, National Bank Tk 21 million and National Tubes Tk 13 million.

The port city bourse also saw positive trend till then with its All Shares Price Index, CAPSI – advancing 5.82 points to stand at 19,280, also at 11:00am.

The Selective Categories Index of the port city bourse also gained 0.65 points to reach at 11,649 points.

Of the issues traded till then, 40 gained, 21 declined and 14 issues remained unchanged with Tk 15 million in turnover.

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