midday business round up

Bangladesh’s stocks witness mixed trend in early trading

Last updated: December 21, 2017

BBN file photo

Dhaka, Bangladesh (BBN) - Bangladesh’s stocks witnessed mixed trend in early hour of trading on Thursday amid slow movement as investors followed cautious stance ahead of year-closing.

Following the previous day’s correction, the Dhaka Stock Exchange (DSE) saw negative trend while the Chittagong Stock Exchange (CSE) opened positive trend with low trading activities.

After first 15 minutes of trading, the key index of the country’s prime bourse fell 2.40 points while the CSE All Shares Price Index (CAPSI) of port city bourse advanced 21 points at 10:45am when the report was filed.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the DSE, went down by 2.40 points or 0.04 per cent to reach at 6,194 points, when the report was filed at 10:45am.

The two other indices also saw negative trend till then. The DS30 index, comprising blue chips also fell 2.60 points or 0.12 percent to reach at 2,228 points.

The DSE Shariah Index (DSES) lost 0.12 points to stand at 1,365 points.

Turnover, the important indicator of the market, stood at BDT 213 million when the report was filed at 10:45am.

Of the issues traded till then, 89 advanced, 57 declined and 55 remained unchanged.

National Tubes was the most traded stocks till then with shares worth BDT 58 million changing hands, closely followed by Emerald Oil Industries BDT 16 million, Alif Manufacturing Company BDT 13 million, Rupali Life Insurance BDT 10 million and Western Marine Shipyard BDT 8.0 million.

CHITTAGONG STOCK EXCHANGE:

However, the port city bourse – the Chittagong Stock Exchange – (CSE) saw positive trend till then with its All Shares Price Index, CAPSI – advancing 21 points to stand at 19,198, also at 10:45am.

The Selective Categories Index of the port city bourse also gained 13 points to reach at 11,604 points till then.

Of the issues traded till then, 25 gained, 8 declined and 3 issues remained unchanged with BDT 8.0 million in turnover.

BBN/SS/AD

 

 

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram