Dhaka, Bangladesh (BBN) – After opening the market in downward movement, Bangladesh’s stocks continued the trend also at midday on Monday.
Both the Dhaka Stock Exchange (DSE), the prime bourse of Bangladesh, and Chittagong Stock Exchange (CSE), the port city bourse of the country, opened with a negative note when the market opened at 10:30am.
Within first 15 minutes of the day’s trading, the key index of the DSE fell 7.28 points, while the Selective Category Index of port city bourse lost 12.81 points at 10:45am.
But as the time passed, the DSE witnessed roller-coaster ride and CSE failed to go back to positive trend as investors could not predict the future, experts said.
The key index of Dhaka Stock Exchange dropped 7.94 points while the Selective Category Index of Chittagong Stock Exchange shedded 25.04 points when this report was updated around 12:25pm.
DSEX, the prime index of the Dhaka Stock Exchange, stood at 4,853.19 points plunging 7.94 points or 0.16 per cent at 12:26pm.
However, the DS30 index, comprising blue chips, adding 3.16 points or 0.18 per cent to reach at 1781.03.
The DSE Shariah Index (DSES) dropped 2.06 points or 0.18 per cent to reach at 1,152.51.
Turnover on DSE stood at BDT 2.99 billion when this report was updated at 12:26pm.
Of the issues traded till then, 101 advanced, 152 declined and 59 issues remained unchanged.
Ratanpur Steel Re-Rolling Mills Limited was remained the most traded stocks till then with shares BDT 125 million changing hands followed by MJL Bangladesh Limited, National Tea Company Ltd, IDLC Finance Ltd, Ifad Autos and National Tubes Limited.
The port city bourse – the Chittagong Stock Exchange – (CSE) witnessed negative trend as its Selective Category Index – CSCX – went down 25.04 points to stand at 9067.87 at 12:27pm.
Of the issues traded till then, 56 gained, 116 declined and 30 issues remained unchanged with a turnover value of BDT 157.74 million.