Dhaka, Bangladesh (BBN) – Bangladesh’s stocks failed to sustin the early hour’s upbeat trend at midday on Monday as the risk-averse investors went on selling spree.
The market opened with a positive note and after 15 minutes of trading, the key index of the country’s prime bourse advanced 5.72 points while the Selective Category Index of port city bourse gained 21.90 points at 10:45am.
After 30 minutes of trading, the DSEX reached at 5645 points, advancing 9.69 points while the Selective Category Index of port city bourse gained 33.04 points at 11:00am. The market started decline at 11:30am.
At 12:00 noon, DSEX went down by 14.58 points while the Selective Category Index of port city bourse lost 15.45 points when the report was filing.
After one and a half hours of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) stands at 5,620.53 points, losing 14.58 points or 0.26 per cent when the report was filing at 12:00 noon.
The two other indices also saw negative trend till then.
The DS30 index, comprising blue chips fell 5.63 points or 0.28 per cent to reach at 2,031.71 points.
The DSE Shariah Index (DSES) lost 4.46 points or 0.34 per cent to reach at 1,307.62 points.
Turnover, the crucial indicator of the market, stands at BDT 4.36 billion when the report was filed at 12:00 noon.
LankaBangla Finance dominated the turnover chart with shares worth BDT 254 million changing hands till then, closely followed by Islami Bank BDT 250 million, Titas Gas BDT 148 million, Active Fine Chemicals BDT 137 million and Singer Bangladesh BDT 122 million.
Of the issues traded till then, 106 advanced, 160 and 48 issues remained unchanged on the DSE trading floor.
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw downward trend till 12:00 noon as its Selective Category Index – CSCX – falling 15.45 points to stand at 10,559.45 points, also at 12:00 noon.
Of the issues traded till then, 57 gained, 106 declined and 38 issues remained unchanged with BDT 241 million in turnover.