Dhaka, Bangladesh (BBN)-Bangladesh’s stocks gained at midday witnessing roller coaster ride on Sunday.
Both the Dhaka Stock Exchange (DSE), the prime bourse of Bangladesh, and Chittagong Stock Exchange (CSE), the port city bourse of the country, began the day with positive trend but it fluctuate during the two hours of trading.
After around two hours of the day's trade, both the market again began to witness upward trend in the first trading day of the week.
Brokers said, the market plunged as investors failed to predict the future.
The key index of Dhaka Stock Exchange, the prime bourse of Bangladesh, gained 7.58 points while the selective category index of Chittagong Stock Exchange, the port city bourse of the country, also advanced 6.81 points when this report was updated around 12:25pm.
DHAKA STOCK EXCHANGE:
After around two hours of trading, DSEX, the prime index of the Dhaka Stock Exchange, stood at 4,588.93 points adding 7.58 points or 0.16 per cent at 12:25pm.
However, the DS30 index, comprising blue chips, also ascended 8.14 points or 0.46 per cent to reach at 1,767.73.
The DSE Shariah Index (DSES) also advanced 4.58 points or 0.41 per cent to reach at 1,123.44.
Turnover on DSE stood at BDT 2.005 billion when the report was updated at 12:25pm.
Of the issues traded till then, 110 advanced, 132 declined and 60 issues remained unchanged.
Bangladesh Steel Re-Rolling Mills Limited was remained the most traded stocks till then with shares BDT 271.41 million changing hands followed by United Power Generation & Distribution Company Ltd, IFAD Autos, Beximco Pharma, Olympic Industries and Bangladesh Steel Re-Rolling Steels Limited.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also witnessed positive trend after nearly two hours of trading as its Selective Category Index – CSCX – shedded 6.81 points to stand at 8,596.91 at 12:24pm.
Of the issues traded till then, 73 gained, 84 declined and 27 issues remained unchanged with a turnover value of BDT 120 million.
BBN/SK/ANS