Bangladesh’s stocks remain in the red zone at midday

BBN file photo

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks remained in the red zone at midday on Tuesday as investors went on selling binge on sector-wise stocks.

Following the previous day’s correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened marginally lower amid low trading activities.

Within first 30 minutes of trading, the key index of the country’s prime bourse fell nearly 7.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost more than 4.0 points at 10:30am.

After first hour of trading, the DSEX advanced more than 7.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse fell 5.0 points at 11:00am.

After two hours of trading, DSEX fell more than 7.37 points while the CSE All Shares Price Index lost 46 points at 12noon when the report was filed.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the DSE stands at 5,410 points, losing 7.37 points at 12noon.

The DS30 index, comprising blue chips, fell 5.78 points or 0.28 percent to reach at 2,005 points till then.

The DSE Shariah Index (DSES) fell 0.10 points to stand at 1,257 points till then.

Turnover, the crucial indicator of the market, stands at BDT 2.32 billion, when the report was filed at 12noon.

Monno Ceramic Industries was the most traded stocks till then with shares worth BDT 146 million changing hands, closely followed by Intraco Refueling Station BDT 144 million, Nahee Aluminum BDT 137 million, Alif Industries BDT 131 million and Miracle Industries BDT 101 million.

Of the issues traded till then, 117 advanced, 125 declined and 74 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 then with CSE All Shares Price Index of port city’s bourse — losing 46 points to stand at 16,696 points, also at 12noon.

The Selective Categories Index of the port city bourse also fell 28 points to reach at 10,104 points till then.

Of the issues traded till then, 42 gained, 75 declined and 24 issues remained unchanged with BDT 72 million in turnover.

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