Loading...
The Financial Express

Stocks open positive with slow movement

| Updated: December 14, 2017 12:36:02


Lankabangla and Fianancial Express Lankabangla and Fianancial Express
Dhaka Stock Exchange. File Photo (Collected) Dhaka Stock Exchange. File Photo (Collected)

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading Wednesday amid slow movement as investors remained followed cautious stance.

Following the previous day’s sharp rise, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed positive with low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 0.55 points while the CSE All Shares Price Index of port city bourse fell 16 points at 10:30am.

After first 30 minutes of trading, the key index of the country’s prime bourse advanced 3.20 points while the CSE All Shares Price Index of port city bourse rose 20 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 3.20 points or 0.05 per cent to reach at 6,252 points.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips also advanced 2.21 points or 0.12 per cent to reach at 2,260.

The DSE Shariah Index (DSES) gained 2.98 points or 0.21 per cent to stand at 1,382 points.

Turnover, the important indicator of the market, stood at Tk 504 million when the report was filed at 11:00am.

Of the issues traded till then, 140 nudged higher, 74 declined and 42 remained unchanged.

Islami Bank was the most traded stocks till then with shares worth Tk 39 million changing hands, closely followed by Fine Foods Tk 21 million, City Bank Tk 20 million, Fu-Wang Food Tk 19 million and Mercantile Insurance Tk 18 million.

The port city bourse saw positive trend till then with its All Shares Price Index, CAPSI – advancing 20 points to stand at 19,372, also at 11:00am.

The Selective Categories Index of the CSE also gained 12 points to reach at 11,714 points.

Of the issues traded till then, 40 gained, 28 declined and 14 issues remained unchanged with Tk 16 million in turnover.

[email protected]

Square-Toiletries-Ltd-and-the-financial-express
Square-Toiletries-Ltd-and-the-financial-express
Square-Toiletries-Ltd-and-the-financial-express
Square-Toiletries-Ltd-and-the-financial-express

Share if you like