Dhaka, Bangladesh (BBN)-Bangladesh’s stocks stayed positive amid high volatility at midday on Wednesday as investors were active both sides of trading fence.
After crossing the 5,700-mark in the previous day, DSEX, the prime index of the Dhaka Stock Exchange (DSE) rose 20 points just at opening to reach at 5,728. But next 10 minutes it came down to 5,699, losing 8.0 points.
At 10:50am, DSEX recovered the losses and reached at 5,729, advancing 21 points.
At 12:00 noon, DSEX advanced 10.27 points while the Selective Category Index of port city bourse rose 5.77 points when the report was filed.
After one and a half hours of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) stands at 5,718.52, advancing 10.27 points or 0.17 per cent when the report was filing at 12:00 noon.
The two other indices saw positive trend till then.
The DS30 index, comprising blue chips rose 10.96 points or 0.53 per cent to reach at 2,051.22 points at 12:00 noon.
The DSE Shariah Index (DSES) advanced 3.54 points or 0.27 per cent to reach at 1,305.32 points.
Turnover, the crucial indicator of the market, stands at BDT 6.45 billion when the report was filed at 12:00 noon riding on Islami Bank and IDLC Finance.
Of the issues traded till then, 172 advanced, 113 declined and 35 issues remained unchanged on the DSE trading floor.
Islami Bank dominated the turnover chart with shares worth BDT 409 million changing hands till then, followed by IDLC Finance BDT 258 million, Beximco BDT 201 million, Keya Cosmetics BDT 190 million and City Bank BDT 139 million.
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till 12:00 noon as its Selective Category Index – CSCX – advancing 5.77 points to stand at 10,747.66 points, also at 12:00 noon.
Of the issues traded till then, 108 gained, 90 declined and 24 issues remained unchanged with BDT 321 million in turnover.