Dhaka, Bangladesh (BBN) - Bangladesh’s stocks failed to keep the morning hour’s positive trend at midday on Monday as risk-averse investors were busy to book quick-profit on sector specific stocks.
After previous day’s mild correction, the market opened with a positive note and the key index of the country’s prime bourse advanced nearly 12 points within first 10 minutes of trading to reach at 5,592 points.
After 30 minutes of trading, the key index of the DSE stayed at the positive zone, advancing 8.10 points.
However, it started to decline after 11:40am.
At 12:00 noon, DSEX lost 7.17 points while the Selective Category Index of port city bourse lost 16.36 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 5,575.84 points, falling 7.17 points or 0.13 per cent when the report was filing at 12:00 noon.
The DS30 index, comprising blue chips fell 1.33 points or 0.06 per cent to reach at 2,019.10 points.
However, the DSE Shariah Index (DSES) advanced 1.16 points or 0.08 per cent to reach at 1,310.02 points.
Turnover, the crucial indicator of the market, stands at BDT 5.36 billion when the report was filed at 12:00 noon riding on Baraka Power and Shahjibazar Power Compnay.
Baraka Power dominated the turnover chart with shares worth BDT 205 million changing hands till then, closely followed by Shahjibazar Power BDT 204 million, Singer Bangladesh BDT 182 million, Aman Feed BDT 154 million and LankaBangla Finance BDT 149 million.
Of the issues traded till then, 100 advanced, 167 declined and 51 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 12:00 noon as its Selective Category Index – CSCX – falling 16.36 points to stand at 10,480 points, also at 12:00 noon.
Of the issues traded till then, 74 gained, 105 declined and 21 issues remained unchanged with BDT 229 million in turnover.
BBN/SK/AD