Bangladesh’s stocks witness upward trend at opening

Last updated: November 6, 2018

Retailers trade at Dhaka Stock Exchange office. BBN file photo

Dhaka, Bangladesh (BBN) - Bangladesh’s stocks witnessed upward trend in early hour of trading on Tuesday as investors were active on sector-wise stocks.

Following the previous four days’ correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed marginally higher amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse gained more than 14 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 8.0 points at 10:45am when the report was filed.

DHAKA STOCK EXCHANGE

DSEX, the prime index of the DSE, went up by 14.68 points or 0.28 percent to reach at 5,239 points at 10:45am.

Two other indices also saw positive trend till then. The DS30 index, comprising blue chips, advanced 2.77 points to stand at 1,851 points. The DSE Shariah Index (DSES) also gained 2.29 points to reach at 1,207 points till then.

Turnover, the crucial indicator of the market, stood at BDT 370 million when the report was filed at 10:45am.

Of the issues traded till then, 114 advanced, 52 declined and 45 remained unchanged.

Khulna Power was the most traded stocks till then with shares worth BDT 46 million changing hands, followed by Pharma Aids BDT 29 million, SK Trims BDT 24 million, Intech BDT 21 million and The Peninsula Chittagong BDT 18 million.

CHITTAGONG STOCK EXCHANGE

The port city’s bourse – the Chittagong Stock Exchange – (CSE) saw positive trend till then with CSE All Share Price Index- CASPI-advancing 8.0 points to stand at 16,039, also at 10:45am.

The Selective Category Index – CSCX – also gained 4.0 points to stand at 9,716 points till then.

Of the issues traded till then, 16 gained, 11 declined and 03 issues remained unchanged with BDT 5.0 million in turnover.

BBN/SS/ANS

 

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