Stocks witness mixed trend in early trading Sunday

FT ONLINE

Stocks on bourses witnessed a mixed trend in early hour of trading Sunday as investors were active on both sides of trading fence.

Following the previous week’s upward movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse advanced more than 10 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 55 points at 10:45am.

After 30 minutes of trading, the DSEX fell 0.19 points while the CASPI of Chattogram bourse rose 62 points at 11:00am when the report was filed.

The DSEX of the DSE went down by 0.19 points to stand 5,418 points at 11:00am.

The DS30 index, comprising blue chips, also fell 0.72 points to reach at 1,897 points till then.

However, the DSE Shariah Index gained 2.46 points to stand at 1,253 points.

Turnover, the important indicator of the market, stood at Tk 1.62 billion on DSE when the report was filed.

Khulna Power was the most traded stocks till then with shares worth Tk 375 million changing hands, followed by United Power with Tk 112 million, Singer BD Tk 111 million, Amana Cotton Fibrous Tk 67 million, and BBS Cables Tk 62 million.

Of the issues traded till then, 133 advanced, 89 declined, and 48 remained unchanged on the DSE trading floor.

However, The Chittagong Stock Exchange (CSE) saw an upward trend till then with the CASPI gaining 62 points to stand at 16,722 points, also at 11:00am.

The Selective Category Index (CSCX) also advanced 38 points to stand at 10,129 points till then.

Of the issues traded till then, 40 gained, 22 declined, and 13 issues remained unchanged with Tk 32 million in turnover.