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August 26, 2020

Bourses open higher on Tuesday

Stocks witnessed an upward trend in early trading on Tuesday with the key index of the major bourse crossing 4800-mark as investors are active sector-wise issues.

Following the previous day’s correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on a positive note on Tuesday.

Within the first 30 minutes of trading, the key index of the country’s prime bourse rose more than 38 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 51 points at 10:30am when the report was filed.

DSEX, the prime index of the DSE, went up by 38.18 points or 0.80 per cent to reach 4,801 points at 10:30am.

The two other indices also saw positive trends till then. The DS30 index, comprising blue chips, gained 13.72 points to reach at 1,659 and the DSE Shariah Index (DSES) advanced 9.89 points to reach at 1,114 points till then.

Turnover, the important indicator of the market, stood at Tk 1.17 billion when the report was filed at 10:30am.

Of the issues traded till then, 216 advanced, 49 declined, and 48 remained unchanged.

Beximco was the most traded stocks till then with shares worth Tk 142 million changing hands, closely followed by Beximco Pharma, LafargeHolcim, Orion Pharma and SK Trims.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw an upward trend till then with CSE All Share Price Index- CASPI-gaining 52 points to stand at 13,640, also at 10:30am.

The Selective Category Index – CSCX –also rose 34 points to stand at 8,243 points till then.

Of the issues traded till then, 40 gained, 18 declined, and 12 issues remained unchanged with Tk 37 million in turnover.



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