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DSE, CSE see positive trend at opening

FE Online Report | Wednesday, 21 May 2014


The prices of most of the shares on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed positive trend in early hours of trading on Wednesday. DSEX, the prime index of the DSE, went up by 33.03 points or 0.75 per cent to stand at 4,396.53 points after first 30 minutes of trade when the report was filled at 11am. The DS30 index, comprising blue chips, moved up 11.86 points or 0.74 per cent to reach 1,601.68 points. The DSE Shariah Index (DSES) also advanced 7.06 points or 0.72 per cent to stand at 978.95 points. But the DSE turnover was very slow and stood at only Tk 204.51 million when the report was filed at 11am. Of the issues traded till then, 139 advanced, 18 declined and 13 remained unchanged. Hwa Well Textiles was the most traded stocks with shares worth Tk 25 million changing hands till then followed by Meghna Petroleum, Lafarge Surma Cement, Matin Spinning and Delta Life Insurance. The port city bourse – CSE – also saw positive trend at opening with its Selective Category Index – CSCX gaining 32.34 points to stand at 8,434.52 points, also at 11am. Of the issues traded till then, 41 gained, 13 declined and 7 remained unchanged with a turnover value of only Tk 13.22 million.