Dhaka, Bangladesh (BBN) – Bangladesh’s stocks failed to stay in positive trend at midday on Sunday as cautious investors started to book profit on quick-gaining stocks.
Following the previous week’s marginal correction, the Dhaka Stock Exchange (DSE) the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 20 points while the CSE All Shares Price Index of port city bourse rose 16 points at 10:45am.
After 30 minutes of trading, the DSEX advanced more than 18 points while CSE All Shares Price Index rose also 18 points at 11:00am.
After that both the bourses started to decline.
After 90 minutes of trading, DSEX fell 1.42 points while the CSE All Shares Price Index lost 18 points at 12noon when the report was filed.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE stands at 6,305 points, losing 1.42 points or 0.02 percent at 12noon.
However, the two other indices saw positive trend till then. The DS30 index, comprising blue chips, advanced 1.88 points or 0.08 percent to reach at 2,272 points.
The DSE Shariah Index (DSES) also gained 2.35 points or 0.17 percent to reach at 1,384 points.
Turnover, the crucial indicator of the market, stands at BDT 2.12 billion, when the report was filed at 12noon.
BD Thai Aluminum was the most traded stocks till then with shares worth BDT 172 million changing hands, closely followed by Brac Bank BDT 138 million, Padma Life Insurance BDT 72 million, AB Bank BDT 74 million and National Tubes BDT 62 million.
Of the issues traded till then, 146 advanced, 111 declined and 54 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 CSE All Shares Price Index of – losing 18 points to stand at 19,491 points, also at 12noon.
The Selective Categories Index of the port city bourse also lost 11 points to reach at 11,792 points till then.
Of the issues traded till then, 65 gained, 54 declined and 35 issues remained unchanged with BDT 60 million in turnover.