FT Online

Published:
2019-07-16 14:10:50 BdST

DSE, CSE witness volatility after 90 minutes of trading


Stocks witnessed volatile trading after 90 minutes of trading on Tuesday as investors were active both sides of trading fence after dipping 30 months low in the previous day.

Following the previous day’s steep fall, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher in the morning.

Within first hour of trading, the key index of the country’s prime bourse rose 45 points and the CSE All Share Price Index (CASPI) of port city’s bourse rose 60 points at 11:30am.

After that it started to decline. After 90 minutes of trading, the DSEX advanced only 1.25 points, eroding almost all the initial gain. The CSE All Share Price Index (CASPI) of port city’s bourse gained 38 points at 12:00 noon when the report was filed.

DSEX, the prime index of the DSE, went up by 1.25 points or 0.02 per cent to stand 5,092 points at 12:00 noon.

The DS30 index, comprising blue chips, advanced 1.49 points to reach at 1,820 points till then. The DSE Shariah Index gained 1.84 points to stand at 1,168 points.

Turnover, the important indicator of the market, stood at Tk 1.18 billion on DSE when the report was filed at 12:00 noon.

Newly listed Sea Pearl Beach Resorts was the most traded stocks till then with shares worth Tk 112 million changing hands, closely followed by Dhaka Insurance, United Power, Singer BD and BRAC Bank.

Of the issues traded till then, 171 advanced, 115 declined and 58 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) saw positive trend till then with CSE All Share Price Index- CASPI-advancing 38 points to stand at 15,658 points, also at 12:00 noon.

The Selective Category Index – CSCX –also gained 23 points to stand at 9,511 points till then.

Of the issues traded till then, 111 advanced, 67 declined and 28 issues remained unchanged with Tk 68 million in turnover.

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