Dhaka stocks trade higher as indices climb
Trading continued on an upward trend in the country's main stock market, the Dhaka Stock Exchange (DSE), and the other bourse, the Chittagong Stock Exchange (CSE), on Tuesday (10 November), the third working day of the week.
Half an hour after trading began on Tuesday, at 10:30 in the morning, the DSE's main index DSEX stood at 5,418 points, up 25 points from the previous day. The DSE Shariah index rose 6 points and the DSE-30 index rose 7 points to 1,051 and 2,056 points respectively. By that time, shares and mutual fund units worth 109 crore 63 lakh taka had been traded.
Of the companies traded on the DSE at that time, the share prices of 231 rose, 46 fell and 90 remained unchanged.
The top 10 companies by trading value up to 10:30 on Tuesday were Shahjibazar Power, Karnaphuli Insurance, Orion Infusion, Doreen Power, Intraco, Monospool Paper, Baraka Power, Envoy Textile, Runner Auto and Shinepukur Ceramic.
Earlier, in the first five minutes of the day's trading, the DSEX rose 10 points. At 10:10 in the morning the index rose a further 5 points from its previous position. The upward momentum continued. Twenty minutes after trading began, at 10:20, the index stood at 5,413 points, up 20 points from the previous day.
Meanwhile, half an hour after trading began, at 10:30 in the morning, the Chittagong Stock Exchange's CASPI index rose 21 points to 14,475 points. The CSE also showed an upward trend at that time.
By 10:30 on the day, shares and mutual fund units worth 32 lakh taka had been traded on the CSE. During that time, the share prices of 23 companies rose, 6 fell and 4 remained unchanged.
