Dhaka, Bangladesh (BBN)-Bangladesh’s stocks opened higher in the morning on Sunday, but could not hold the trend till mid-day as investors followed cautious stance.
Brokers said, investors remained watchful on overall market movements and continued pursuing cautiousness in portfolio re-balancing.
The market in the very beginning opened higher, rising 14 points within first 10 minutes.
Since then, it underwent fluctuation till filing the report at 12:30pm.
After two hours of trading, DSEX, the prime index of the Dhaka Stock Exchange – DSEX – stands at 4,767.71 points gaining 1.99 points or 0.04 per cent till 12:30pm.
However, the DS30 index, comprising blue chips, lost 3.31 points or 0.18 per cent to reach at 1,819.86.
The DSE Shariah Index (DSES) also declined 1.12 points or 0.09 per cent to reach at 1,175.98.
Turnover on DSE stands at BDT 2.10 billion when the report was filed at 12:30pm.
Of the issues traded till then, 154 advanced, 105 declined and 43 issues remained unchanged.
The newly listed Aman Feed was remained the most traded stocks with shares BDT 128 million changing hands followed by Emerald Oil, Linde BD, FAR Chemicals and Orion Infusion.
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend after two hours of trading as its Selective Category Index – CSCX – lost 16.10 points to stand at 8,874.14, also at 12:30pm.
Of the issues traded till then, 102 gained, 78 declined and 29 issues remained unchanged with a turnover value of BDT 135 million.
BBN/BB/SK