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Stocks open positive amid volatility

| Updated: June 06, 2018 16:05:56


FE file photo FE file photo

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading Sunday amid volatility as investors were seen active on both sides of the trading fence.

Following the previous four days’ correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note despite low trading activities.

Within first 30 minutes of trading, DSEX, the key index of the country’s prime bourse, advanced more than 2.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 1.34 points at 10:30am.

After first hour of trading, the DSEX advanced more than 5.0 points, while the CSE All Share Price Index (CASPI) of port city’s bourse rose 12 points at 11:00am when the report was filed.

The DSEX went up by 5.38 points or 0.10 per cent to reach at 5,349 points at 11:00am.

The DS30 index, comprising blue chips, advanced 4.20 points to reach at 1,979 points.

The DSE Shariah Index (DSES) also gained 1.86 points to reach at 1,240 points till then.

Turnover, the important indicator of the market, stood at Tk 1.02 billion when the report was filed.

Of the issues traded till then, 140 advanced, 81 declined, and 50 remained unchanged.

Alif Industries was the most traded stocks till then with shares worth Tk 106 million changing hands, closely followed by Monno Ceramic Tk 102 million, Khulna Power Company Tk 82 million, Eastern Lubricants Tk 40 million and Legacy Footwear Tk 38 million.

The port city’s bourse – the Chittagong Stock Exchange (CSE) also saw positive trend till then with CSE All Share Price Index (CASPI) advancing 12 points to stand at 16,502, also at 11:00am.

The Selective Category Index – CSCX – also gained 7.15 points to stand at 9,983 points till then.

Of the issues traded till then, 41 gained, 24 declined, and 16 issues remained unchanged with Tk 27 million in turnover.

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