Bangladesh’s stocks turn negative at midday

Last updated: April 20, 2017

BBN file photo

Dhaka, Bangladesh (BBN) - Bangladesh’s stocks turned negative at midday on Thursday as investors were active both sides of trading fence.
Following the previous day’s correction, the key index of the country’s prime bourse advanced 7.30 points while the Selective Category Index of port city bourse rose 4.06 points within first 15 minutes of trading at 10:45am.
After 30 minutes of trading, the DSEX went down by 7.02 points and the Selective Category Index of port city bourse advanced 7.20 points at 11:00am.
At 12noon, the DSEX went down by 1.72 points while the Selective Category Index of port city bourse advanced 4.20 points when the report was filing.
DHAKA STOCK EXCHANGE:
After one and a half hours of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) stands at 5,553 points, losing 1.72 points or 0.03 percent when the report was filing at 12noon.
The DS30 index, comprising blue chips also lost 4.58 points or 0.22 percent to reach at 2,060 points.
The DSE Shariah Index (DSES) fell 1.64 points or 0.13 percent to reach at 1,278.07 points.
Turnover, the crucial indicator of the market, stands at BDT 2.17 billion when the report was filed at 12:00 noon.
Regent Textile Mills dominated the turnover chart with shares worth BDT 135 million changing hands till then, closely followed by Shahjibazar Power BDT 126 million, LankaBangla Finance BDT 112 million, Islamic Finance BDT 103 million and Saif Powertec BDT 99 million.
Of the issues traded till then, 132 advanced, 106 declined and 58 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
However, the port city bourse – the Chittagong Stock Exchange – (CSE) stayed positive trend with its Selective Category Index – CSCX – gaining 4.20 points to stand at 10,449 points, also at 12noon.
Of the issues traded till then, 66 gained, 65 declined and 25 issues remained unchanged with BDT 109 million in turnover.
BBN/SA/AD

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram