Dhaka, Bangladesh (BBN)-Bangladesh’s stocks turned positive after witnessing early hour downward movement on Thursday, the last trading 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 negative note when the market opened at 10:30am.
As the time passed, the DSE and CSE to uphold the trend after two hours of trading on the last trading session of the week, experts said.
But of the three indicator of DSE, DS30 index showed sliding attitude while the two others were positive and also of the five indicators of CSE, the CSE30 and CSE50 indicated negative attitude at midday session.
The key index of Dhaka Stock Exchange advanced fractional 0.25 points while the port city bourse, selective catagory index of the Chittagong Stock Exchange earned 1.83 points around 12:30pm.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 0.25 points or 0.01 per cent to stand at 4,366.28 points, when the report was filed at 12:31pm.
The DS30 index, comprising blue chips, fell 2.21 points or 0.13 per cent to reach at 1,690.81 points.
However, the DSE Shariah Index (DSES) gained 0.39 points or 0.03 per cent to reach at 1,068.87 points.
DSE turnover stands at only BDT 1.62 billion when the report was filed at 12:31pm.
Of the issues traded till then, 119 advanced, 103 declined and 76 issues remained unchanged.
United Power dominated the turnover chart with shares worth BDT 93 million changing hands till then, followed by Tosrifa Industries, Far East Knitting and Dyeing, Shahjibazar Power Company and Lafarge Surma Cement ltd.
The port city bourse also saw negative trend at opening with its Selective Category Index- CSCX– also gaining 1.83 points to stand at 8,177.63 points, also at 12:28pm.
Of the issues traded till then, 85 gained, 82 declined 29 issues remained unchanged with a turnover value of BDT 112 million.