stocks, DSE, CSE,

Bangladesh’s stocks see rollar coaster ride at midday

Last updated: May 11, 2016

Dhaka, Bangladesh (BBN)-Bangladesh’s stocks witnessed roller coaster ride at midday on Wednesday, the fourth trading session of the week.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, showed mixed attitude from the beginning and showed its negative trend at midday.
The key index of Dhaka Stock Exchange (DSE) slipped 15.96 points, while the port city bourse, selective catagory index of Chittagong Stock Exchange (CSE) lost 18.18 points when the report was updated around 12:30pm.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 15.96 points or 0.37 per cent to stand at 4,314.36 points, when the report was filed at 12:33pm.
The DS30 index, comprising blue chips, fell 9.32 points or 0.55 per cent to reach at 1,671.76 points.
The DSE Shariah Index (DSES) also dropped 3.71 points or 0.35 per cent to reach at 1,062.49 points.
DSE turnover stands at only BDT 1.52 billion when the report was filed at 12:33pm.
Of the issues traded till then, 105 advanced, 136 declined and 56 issues remained unchanged.
United Power Generation & Distribution Company Ltd was the most traded stocks till then with shares BDT 126 million changing hands followed by BATBC, Doreen Power, BSRM Steels Limited, Far East Knitting & Dyeing Industries Limited and Bangladesh Steel Re-Rolling Mills Limited.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange (CSE) also saw negative trend till then with its Selective Category Index- CSCX– falling 18.18 points to stand at 8,073.59 points, also at 12:28pm.
Of the issues traded till then, 58 gained, 80 declined 27 issues remained unchanged with a turnover value of BDT 82 million.
BBN/SK/AD

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