October 25, 2020, 10:50 am

Abu Taher Bappa

2020-09-01 12:12:59 BdST

Indices witness volatility in early trading

Stocks on the bourses witnessed volatility in early trading on Tuesday as investors are active on both sides of the trading fence.

Following the previous day’s positive ending, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw marginal gain at the opening.

Within the first 15 minutes of trading, the key index of the DSE advanced 21 points while the CSE All Share Price Index (CASPI) of the port city’s bourse gained 20 points at 10:30 am.

After 30 minutes of trading, the DSEX advanced 2.83 points while the CSE All Share Price Index (CASPI) of the port city’s bourse rose 9.0 points at 10:30 am when the report was filed.

DSEX, the prime index of the DSE, went up by 2.83 points or 0.05 per cent to reach 4,881 points at 10:30 am.

Market operators said investors are active on both sides of the trading fence as the risk-averse investors opted for booking profit on sector-wise issues while some investors are taking positions on lucrative stocks.

The DS30 index, comprising blue chips, also gained 1.86 points to reach at 1,701 points till then while the DSE Shariah Index (DSES) shed 1.18 points to reach 1,131 points till then.

Turnover, the important indicator of the market, stood at Tk 1.25 billion when the report was filed at 10:30am which was Tk 2.25 billion in the previous day at 10:30am.

Of the issues traded till then, 149 advanced, 99 declined, and 73 remained unchanged.

Beximco Pharma was the most traded stocks till then with shares worth Tk 131 million changing hands, closely followed by Brac Bank, Beximco, BD Finance and Grameenphone.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw slight gain till then with CSE All Share Price Index- CASPI-gaining 9.0 points to stand at 13917, also at 10:30am.

The Selective Category Index – CSCX –also rose 2.83 points to stand at 8,403 points till then.

Of the issues traded till then, 36 gained, 28 declined, and 18 issues remained unchanged with Tk 23 million in turnover.

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