Dhaka, Bangladesh (BBN) – Bangladesh’s stocks turned higher at midday on Tuesday as the investors started to take position on some large-cap stocks.
Following the previous day’s mild correction, the market opened with a mixed trend as the key index of the Dhaka bourse advanced 6.41 points, while the Selective Category Index of port city bourse lost 3.80 points within first 15 minutes of the day’s trading at 10:45am.
After 30 minutes of trading, the key index of the country’s major bourse stands at 5,722.86 points, advancing 25 points while the Selective Category Index of port city bourse rose 33 points at 11:00am.
At 12:00 noon, the DSEX went up by 28.08 points while the Selective Category Index of port city bourse gained 61.34 points when the report was filing.
After one and a half hours of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) stands at 5,726.02 points, advancing 28.08 points or 0.49 per cent when the report was filing at 12:00 noon.
The two other indices also saw upward trend.
The DS30 index, comprising blue chips advanced 14.80 points to reach at 2,086.59 points.
The DSE Shariah Index (DSES) gained 3.13 points or 0.24 per cent to reach at 1,299.85 points.
Turnover, the crucial indicator of the market, stands at BDT 3.27 billion when the report was filed at 12:00 noon.
LankaBangla Finance dominated the turnover chart with shares worth BDT 234 million changing hands till then, followed by City Bank BDT 141 million, ICB BDT 126 million, Brac Bank BDT 101 million and Islamic Finance BDT 94 million.
Of the issues traded till then, 139 advanced, 118 declined and 54 issues remained unchanged on the DSE trading floor.
The port city bourse – the Chittagong Stock Exchange – (CSE) also turned higher as its Selective Category Index – CSCX – gaining 61.34 points to stand at 10,773 points, also at 12:00 noon.
Of the issues traded till then, 95 gained, 65 declined and 25 issues remained unchanged with BDT 216 million in turnover.