Dhaka, Bangladesh (BBN)-Bangladesh’s stocks turned negative after witnessing early hour upward movement on Monday, the second session of the week.
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 positive note when the market opened at 10:30am.
But as the time passed, the DSE and CSE failed to hold the trend as investors failed to predict the future after two hours of trading on the second treding session of the week, experts said.
The key index of Dhaka Stock Exchange lost 6.62 points while the port city bourse, selective catagory index of the Chittagong Stock Exchange went down 1.74 points around over 12:30pm.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up down 6.62 points or 0.15 per cent to at 4,530.22 points, when the report was filed at 12:36pm.
The DS30 index, comprising blue chips, lost 5.87 points or 0.34 per cent to stand at 1,731.06 points.
The DSE Shariah Index (DSES) also slips 4.04 points or 0.36 per cent to reach at 1,104.22 points.
DSE turnover stands at BDT 2.18 billion when the report was filed at 12:26pm.
Of the issues traded till then, 109 advanced, 122 declined and 61 issues remained unchanged.
LankaBangla Finance was the most traded stocks till then with shares BDT 213 million changing hands followed by, Orion Pharma Ltd, IFAD Autos Limited, Bangladesh Steel Re-Rolling Mills Limited, Lafarge Surma Cement Ltd and Singer Bangladesh.
The port city bourse – the Chittagong Stock Exchange (CSE) also saw positive trend with its Selective Category Index- CSCX – went down 1.74 points to stand at 8,502.06 points, also at 12:32pm.
Of the issues traded till then, 73 gained, 83 declined and 41 issues remained unchanged with a turnover value of BDT 146 million.