Stocks maintain rally

The prices of most of the stocks on both bourses --- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)-- witnessed upward trend in early hours of trading Thursday, maintaining the previous session’s positive trend. After first 30 minutes of trading, the prime index of the DSE - DSEX-- went up by 30.67 points or 0.66 per cent to stand at 4,671.23 points when the report was filed at 11am. The DS30 index, comprising blue chips also advanced 12.31 points or 0.75 per cent to reach at 1,652.37 points. The newly introduced DSE Shariah Index (DSES) went up by 7.95 points or 0.82 per cent to stands at 969.02 points. The turnover value stands at Tk 746 million on DSE floor when the report was filed at 11am. Of the issues traded, 156 gained, 58 declined and 20 remained unchanged. Padma Oil is the most traded stocks with shares worth Tk 60 million changing hands till then followed by Square Pharma, National Tubes, UCBL and GSP Finance. All major sectors – banks, non-banking financial institutions, telecommunications, fuel & power and pharmaceuticals-- are showing upward trend. The port city bourse – the Chittagong Stock Exchange (CSE)-- also witnessed upward trend at opening and its Selective Category Index - CSCX gained 35.08 points or 0.40 per cent to stand at 9,152.91 points, also at 11am.
Of the issues traded till then, 69 gained, 32 declined and 15 remained unchanged with a turnover value of Tk 45 million.