Dhaka, Bangladesh (BBN) - Bangladesh’s stocks failed to stay positive at midday on Tuesday as the risk-averse went on selling spree on sector specific issues.
After previous day’s mild correction, the market opened with a positive note and the key index of the country’s prime bourse advanced 4.71 points within first 15 minutes of trading.
After 30 minutes of trading, the DSEX reached at 5627 points, advancing 7.02 points while the Selective Category Index of port city bourse gained 18 points at 11:00am After 11:30am, it started to decline.
At 12:00 noon, DSEX went down by 4.30 points while the Selective Category Index of port city bourse fell 10.67 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 5,615.94 points, losing 4.30 points or 0.07 per cent when the report was filing at 12:00 noon.
The two other indices also saw negative trend till then.
The DS30 index, comprising blue chips fell 4.64 points or 0.22 per cent to reach at 2,025.03 points.
The DSE Shariah Index (DSES) lost 1.43 points or 0.11 per cent to reach at 1,306.04 points.
Turnover, the crucial indicator of the market, stands at BDT 4.78 billion when the report was filed at 12:00 noon.
Active Fine Chemicals dominated the turnover chart with shares worth BDT 410 million changing hands till then, followed by LankaBangla Finance BDT 249 million, Beximco BDT 198 million, Islami Bank BDT 193 million and Central Pharma BDT 185 million.
Of the issues traded till then, 133 advanced, 125 and 57 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw downward trend till then as its Selective Category Index – CSCX – falling 10.67 points to stand at 10,535 points, also at 12:00 noon.
Of the issues traded till then, 77 gained, 88 declined and 29 issues remained unchanged with BDT 503 million in turnover riding on ONE Bank.
BBN/SK/AD