Al Fahad

Published:
2020-02-13 14:05:31 BdST

Stocks witness upturn amid rising turnover


Stocks witnessed upward trend in early hours of trading on Thursday as investors continued their buying interest on major sectors’ shares after the central bank’s liquidity support measures.

Following the previous two days’ gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw upward trend amid rising trading activities.

After 30 minutes of trading, DSEX advanced more than 22 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 60 points at 11:00am when the report was filed.

 

DSEX, the prime index of the DSE, went up by 22.17 points or 0.49 per cent to stand 4,503 points at 11:00am.

Two other indices also saw upturn till then. The DS30 index, comprising blue chips, rose 6.49 points to reach at 1,522 and the DSE Shariah Index gained 4.59 points to stand at 1,035 points till then.

Turnover, the important indicator of the market, stood at Tk 1.18 billion on DSE when the report was filed at 11:00am.

Shepherd Industries was the most traded stocks till then with shares worth Tk 76 million changing hands, closely followed by Orion Pharma, Orion Infusion, LafargeHolcim and Indo-Bangla Pharma.

Of the issues traded till then, 190 advanced, 54 declined and 41 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index- CASPI-advancing 60 points to stand at 13,694 points, also at 11:00am.

The Selective Category Index – CSCX – also rose 34 points to stand at 8,301 points till then.

Of the issues traded till then, 63 advanced, 14 declined and 9 issues remained unchanged with Tk 24 million in turnover.

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