Dhaka, Bangladesh (BBN) – Bangladesh’s stocks failed to stay in positive trend at midday on Tuesday as cautious investors began to sell shares on sector-wise stocks.
Following the previous day’s sharp decline, the Dhaka Stock Exchange (DSE) and 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 2.0 points while the All Shares Price Index of port city bourse rose 504 points at 10:45am.
After first hour of trading, the DSE key index advanced more than 12 points while the All Shares Price Index of port city bourse rose 28 points at 11.30am.
Since then it started to decline. After two hours of trading, DSEX, the prime index of the DSE, fell more than 17 points while the CSE All Shares Price Index (CAPSI) of port city bourse lost 49 points when the report was filed at 12:30 pm.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE stands at 6,192 points, shedding 17.64 points or 0.28 percent at 12:30pm.
The two other indices also saw downturn till then. The DS30 index, comprising blue chips lost 4.82 points or 0.21 percent to reach at 2,256 points.
The DSE Shariah Index (DSES) also lost 3.29 points or 0.23 percent to stand at 1,391 points.
Turnover, the crucial indicator of the market, stands at BDT 1.96 billion, when the report was filed at 12:30pm.
Dragon Sweater topped the turnover chart with shares worth BDT 142 million changing hands, followed by United Power BDT 104 million, Safko Spinning BDT 62 million, Paramount Textile BDT 56 million and Alif Manufacturing Company BDT 52 million.
Of the issues traded till then, 98 advanced, 141 declined and 75 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) saw negative trend till then with its CSE All Shares Price Index (CAPSI) – losing 49 points to reach at 19,179 points.
The Selective Category Index – CSCX – also lost 30 points to stand at 11,588 points, also at 12:30pm.
Of the issues traded till then, 61 gained, 82 declined and 31 issues remained unchanged with BDT 70 million in turnover.