Al Fahad

Published:
2020-02-17 16:39:04 BdST

Stocks witness upturn at open


Stocks witnessed an upward trend in the early hours of trading on Monday as some investors kept their buying interest on sector-wise shares.

Following the previous day’s sharp gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note today (Monday) amid rising trading activities.

After 30 minutes of trading, DSEX, the prime index of the DSE advanced more than 21 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 39 points at 11:00am when the report was filed.

DSEX went up by21.54 points or 0.45 per cent to stand at 4,755 points at that time.

Two other indices also saw positive trend till then. The DS30 index, comprising blue chips, rose 5.69 points to reach at 1,597 while the DSE Shariah Index gained 3.27 points to stand at 1,079 points till then.

Turnover, one the important indicators of the market, stood at Tk 2.17 billion on DSE when the report was filed at 11:00am.

ADN Telecom was the most traded stocks till filing of the report with shares worth Tk 115 million changing hands, closely followed by Beximco, Orion Infusion, Orion Pharma, and Western Marine Shipyard.

Of the issues traded till then, 191 advanced, 88 declined, and 55 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange (CSE) also saw an upward trend till then with the CASPI gaining 39 points to stand at 14,476 points, also at 11:00am.

The Selective Category Index (CSCX) also rose 27 points to stand at 8,785 points till then.

Of the issues traded till then, 59 advanced, 44 declined, and 18 issues remained unchanged with Tk 45 million in turnover.

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