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The Financial Express

Stocks witness slow trend in early trading

| Updated: December 14, 2017 14:56:56


Lankabangla and Fianancial Express Lankabangla and Fianancial Express
Stocks witness slow trend in early trading

Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) opened a mixed trend Thursday amid a low turnover as investors remained cautious.

Following the previous day’s marginal correction, the premier bourse saw a negative trend while the port city’s bourse witnessed a positive trend, but trading activities remained low.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 6.80 points while the CSE All Shares Price Index of the port city bourse advanced 14 points at 10:45am.

After first 30 minutes of trading, the key index of the country’s prime bourse fell 1.98 points while the CSE All Shares Price Index of the port city bourse rose 20 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 1.98 points, or 0.03 per cent, to reach at 6,222 points, when the report was filed at 11:00am.

DS30 index, comprising blue chips, also fell 3.28 points, or 0.14 per cent, to reach at 2,248 points.

However, Shariah index (DSES) gained 0.58 points, or 0.04 per cent, to stand at 1,376 points.

Turnover, an important indicator of the market, stood at Tk 413 million when the report was filed at 11:00am.

Of the issues traded till then, 134 advanced, 63 declined and 58 remained unchanged.

Eastern Housing was the most traded stocks till then with shares worth Tk 36 million changing hands, closely followed by Olympic Industries Tk 28 million, Padma Life Insurance Tk 18 million, Oimex Electrode Tk 16 million and BD Thai Tk 15 million.

As for the Chittagong Stock Exchange (CSE), it saw a positive trend till then with its All Shares Price Index – CAPSI – advancing 20 points to stand at 19,278, also at 11:00am.

The Selective Categories Index of the port city bourse also gained 12 points to reach 11,654 points till then.

Of the issues traded till then, 18 gained, 14 declined and 15 issues remained unchanged with Tk 10 million in turnover.

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