Dhaka, Bangladesh (BBN) – Bangladesh’s stocks turned negative at midday on Tuesday as cautious investors sold shares on sector-wise issues.
Following the previous day’s marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened positive amid thin participation of investors.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 10.93 points while the Selective Category Index of port city bourse gained 16 points at 10:45am.
After first hour of trading, DSEX advanced more than 20 points while Selective Category Index of the CSE gained 22 points at 11:30am.
After 90 minutes of trading, DSEX went down by 1.57 points, while the Selective Category Index of port city bourse lost 15 points when the report was filed at 12noon.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE stands at 6,012 points, losing 1.57 points or 0.02 percent at 12noon.
Two other indices also saw downturn till then. The DS30 index, comprising blue chips fell sharply by 10.10 points or 0.46 percent to reach at 2,179 points.
The DSE Shariah Index (DSES) lost 2.31 points or 0.17 percent to reach at 1,316 points.
Turnover, the crucial indicator of the market, stands at BDT 2.42 billion, when the report was filed at 12noon.
Aamra Networks dominated the turnover chart till then with shares of BDT 188 million changing hands, closely followed by Square Pharmaceuticals BDT 133 million, Mutual Trust Bank BDT 115 million, Uttara Bank BDT 114 million and Mercantile Bank BDT 96 million.
Of the issues traded till then, 186 advanced, 80 declined and 41 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 15 points to stand at 11,272 points, also at 12noon.
Of the issues traded till then, 85 gained, 47 declined and 26 issues remained unchanged with BDT 81 million in turnover.