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DSE, CSE open higher amid thin trading

Stocks witnessed upward trend in early hour of trading on Monday as some optimistic investors showed their appetite on sector-wise shares.

Following the previous day’s modest gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw upturn, but trading activities remains low.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 10 points while the CSE All Share Price Index of port city’s bourse gained 5.0 points at 10:45am.

After 30 minutes of trading, DSEX rose more than 19 points while the CSE All Share Price Index of port city’s bourse advanced 7.15 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 19.49 points or 0.39 per cent to stand at 4,961 points at 11:00am.

The DS30 index, comprising blue chips also gained 6.81 points to 1745 points and the DSE Shariah Index (DSES) advanced 2.95 points to stand at 1,157 points till then.

Turnover, the important indicator of the market, stood at Tk 605 million when the report was filed at 11:00am.

Of the issues traded till then, 190 advanced, 71 declined and 35 remained unchanged.

National Tubes was the most traded stocks till then with shares worth Tk 70 million changing hands, followed by Stylecraft, VFS Thread Dyeing, GQ Ball Pen and JMI Syringes.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw positive trend till then with CSE All Share Price Index- CASPI-advancing 7.15 points to stand at 14,980 points, also at 11:00am.

The Selective Category Index – CSCX – also rose 4.0 points to stand at 9,095 points till then.

Of the issues traded till then, 29 advanced,14 declined 10 remained unchanged with Tk 10 million in turnover.

(TDS)

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