Stocks see initial upward trend

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 uptrend. After first 30 minutes of trading, the prime index of the DSE --- DSEX--- went up by 33.75 points or 0.71 per cent to stand at 4,782.26 points when the report was filed at 11am. The DS30 index, comprising blue chips also up by 5.04 points or 0.30 per cent to reach at 1,668.00 points. DSEX Shariah Index (DSES) went up by 6.24 points or 0.64 per cent to stands at 981.45 points. The turnover value stands at Tk 1.08 billion on DSE floor when the report was filed at 11am. Of the issues traded, 178 gained, 27 declined and 18 remained unchanged.Tallu Spinning is the most traded stocks with shares worth Tk 87.88 million changing hands till then followed by BD Building, Padma Oil, Bangas and Meghna Petroleum.
The port city bourse – the Chittagong Stock Exchange (CSE)-- also witnessed positive trend at opening and its Selective Category Index - CSCX-- gained 15.87 points or 0.18 per cent to stand at 9,348.31 points, also at 11am. Of the issues traded till then, 70 gained, 29 declined and 13 remained unchanged with a turnover value of Tk 84 million.