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Stocks crept higher in the early hour of trading Wednesday as some investors are active on sector-wise stocks amid ongoing quarterly earnings declaration.
Following the previous three days’ correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive trend amid low trading activities.
Within first 30 minutes of trading, the key index of the country’s prime bourse advanced nearly 14 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 1.72 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went up by 13.81 points or 0.24 per cent to reach at 5,791 points at 11:00am.
The DS30 index, comprising blue chips, also advanced 4.13 points or 0.19 per cent to reach at 2,168 points.
The DSE Shariah Index (DSES) gained 4.04 points or 0.30 per cent to reach at 1,344 points till then.
Turnover, the important indicator of the market, stood at Tk 492 million when the report was filed at 11:00am.
Of the issues traded till then, 146 advanced, 56 declined and 31 remained unchanged.
Queen South Textile was the most traded stocks till then with shares worth Tk 45 million changing hands, closely followed by United Power Tk 27 million, RD Food Tk 23 million, BRAC Bank Tk 22 million and Beximco Tk 17 million.
The port city bourse also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 1.72 points to stand at 17,823, also at 11:00am.
The Selective Category Index – CSCX –also gained 2.10 points to stand at 10,769 points till then.
Of the issues traded till then, 31 gained, 22 declined and 6 issues remained unchanged with Tk 14 million in turnover.