Bangladesh’s stocks return to negative trend at midday

Retail investors are in despair as DSE witnesses volatility. BBN file photo

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks returned to negative trend at midday on Tuesday as cautious investors are booking profit on sector-wise stocks.

Following the previous four days’ positive trend, the Dhaka Stock Exchange (DSE) saw positive note while Chittagong Stock Exchange (CSE) opened lower.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 1.10 points while the All Shares Price Index of port city bourse fell 8.56 points at 10:15am.

After 90 minutes of trading, DSEX, the prime index of the DSE fell more than 0.80 points while the CSE All Shares Price Index (CAPSI) of port city bourse lost 1.86 points when the report was filed at 12noon.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the DSE stands at 6,318 points, losing 0.80 points or 0.01 percent at 12noon.

The two other indices also saw negative trend till then. The DS30 index, comprising blue chips fell 3.25 points or 0.03 percent to reach at 2,283 points.

The DSE Shariah Index (DSES) also lost 4.62 points or 0.33 percent to stand at 1,388 points.

Turnover, the crucial indicator of the market, stands at BDT 4.42 billion, when the report was filed at 12noon.

LankaBangla Finance emerged as turnover leader with shares worth BDT 312 million changing hands, followed by Dhaka Bank BDT 275 million, AB Bank BDT 264 million, BD Thai Aluminum BDT 163 million and FAS Finance BDT 152 million.

Of the issues traded till then, 162 advanced, 92 declined and 61 issues remained unchanged on the DSE trading floor.

CHITTAGONG STOCK EXCHANGE:

The port city bourse – the Chittagong Stock Exchange – (CSE) saw negative trend till then with its CSE All Shares Price Index (CAPSI) –losing 1.86 points to reach at 19,547 points.

The Selective Category Index – CSCX – also lost 1.94 points to stand at 11,833 points, also at 12noon.

Of the issues traded till then, 95 gained, 59 declined and 24 issues remained unchanged with BDT 185 million in turnover.

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