Dhaka, Bangladesh (BBN) – Bangladesh’s stocks failed to stay in positive territory at midday on Sunday as cautious investors are booking profit on sector-wise stocks.
Following the previous week’s moderate correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend at opening amid increasing participation of investors.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 22 points while the Selective Category Index of port city bourse rose 40 points at 10:15am.
After first 30 minutes of trading, DSEX rose more than 18 points while the Selective Category Index of port city bourse advanced 40 points at 11:00am.
Since then, it started to decline. After 90 minutes of trading, DSEX, the prime index of the DSE fell more than 15 points, while the Selective Category Index of port city bourse lost 29 points when the report was filed at 12noon.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE stands at 5,846 points, losing 15.45 points or 0.26 percent at 12noon.
The DS30 index, comprising blue chips also fell 3.98 points or 0.18 percent to reach at 2105 points.
However, the DSE Shariah Index (DSES) stayed positive zone till then, advancing 0.76 points or 0.05 percent to reach at 1,305 points.
Turnover, the crucial indicator of the market, stands at BDT 3.16 billion, when the report was filed at 12noon.
BBS Cables led the turnover chart till then with shares worth BDT 310 million changing hands, followed by Active Fine Chemicals BDT 125 million, ACME Laboratories BDT 120 million, IFAD Autos BDT 86 million and C&A Textile BDT 85 million.
Of the issues traded till then, 128 advanced, 125 declined and 57 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend till then with its Selective Category Index – CSCX – losing 29 points to stand at 10,974 points, also at 12noon.
Of the issues traded till then, 70 gained, 78 declined and 22 issues remained unchanged with BDT 128 in turnover.