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Dhaka, Bangladesh (BBN) - Bangladesh’s stocks failed to stay positive trend at midday on Thursday as cautious investors went on selling spree on sector-wise large-cap stocks.
Following the previous day’s marginal correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw cautious amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 10 points while the CSE All Shares Price Index of port city bourse rose 14 points at 10:45am.
After 30 minutes of trading, the key index of the country’s prime bourse advanced 2.35 points while the CSE All Shares Price Index of port city bourse rose 4.60 points at 11:00am
After 90 minutes of trading, DSEX fell 8.28 points while the CSE All Shares Price Index lost 17 points at 12noon when the report was filed.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE stands at 6,258 points, losing 8.28 points or 0.13 percent at 12noon.
The two other indices saw downward trend till then. The DS30 index, comprising blue chips, fell 5.75 points or 0.25 percent to reach at 2,266 points.
The DSE Shariah Index (DSES) also lost 0.48 points or 0.03 percent to reach at 1,390 points.
Turnover, the crucial indicator of the market, stands at BDT 1.63 billion, when the report was filed at 12noon.
Paramount Textile was the most traded stocks till then with shares worth BDT 78 million changing hands, closely followed by Legacy Footwear BDT 61 million, FAS Finance BDT 48 million, CVO Petrochemicals BDT 48 million and BD Thai BDT 47 million.
Of the issues traded till then, 149 advanced, 100 declined and 62 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw downturn till then with CSE All Shares Price Index of – losing 17 points to stand at 19,363 points, also at 12noon.
The Selective Categories Index of the port city bourse also lost 14 points to reach at 11,712 points till then.
Of the issues traded till then, 79 gained, 55 declined and 30 issues remained unchanged with BDT 58 million in turnover.
BBN/SS/AD