Bourses gain at opening as insurance stocks soar
Beximco Limited secured the apex position on the DSE turnover chart followed by Pioneer Insurance and Kattali Textile, mostly driven by the investors’ interest
Equity indices of both the stock exchanges gained in the first hour of the trading session on Tuesday as financial sectors, especially the stock prices of insurance companies, witnessed an uptrend curve.
During the session, DSEX, the key index of the Dhaka Stock Exchange (DSE), rose by 0.70% or 41 points to 5,884.
DSE turnover, a significant market indicator, inched up by 6% to Tk624.11 crore till 11 am.
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Meanwhile, 173 companies' share prices made advancement, while 101 companies' share prices declined and 74 remained unchanged.
Beximco Limited secured the apex position on the DSE turnover chart followed by Pioneer Insurance and Kattali Textile, mostly driven by the investors' interest.
Eastland Insurance, Global Insurance, and GSP Finance halted trading as they touched the circuit breaker limit at 10% by the first hour.
The benchmark index CASPI at the Chittagong Stock Exchange (CSE) climbed 98 points to 17,034 till 11 am.
