Bangladesh's stocks

Investors are in despair as Bangladesh’s stocks nosedive. BBN file photo

Dhaka, Bangladesh (BBN)-Bangladesh’s stocks witnessed roller coaster ride at midday on Wednesday, the fourth trading session of the week, as investors took cautious steps.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, showed sliding attitude from the beginning and continued its negative trend at midday.
The key index of Dhaka Stock Exchange (DSE) gained 0.61 points, while the port city bourse, selective category index of Chittagong Stock Exchange (CSE) advanced 14.21 points when the report was updated around 12:00noon.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), obtained 0.61 points or 0.01 per cent to stand at 5,436.29 points, when the report was filed at 12:00noon.
The DS30 index, comprising blue chips, increased 3.19 points or 0.16 per cent to reach at 2,000.96 points.
The DSE Shariah Index (DSES) also added 1.42 points or 0.11 per cent to reach at 1259.82 points.
DSE turnover stands at only BDT 2764.764 when the report was filed at 12:00noon.
Of the issues traded till then, 121 advanced, 119 declined and 63 issues remained unchanged.
IFAD Autos was the most traded stocks till then with shares BDT 578.78 million changing hands followed by, Paramount Textile Limited, Doreen Power Generations and Systems Limited, MJL Bangladesh Limited, United Power Generation & Distribution Company Ltd and Evince Textiles Limited.
On the other hand, the port city bourse – the Chittagong Stock Exchange (CSE) also saw roller-coaster ride till then with its Selective Category Index – CSCX – advancing 14.21 points to stand at 10,216.16 points, also at 12:00noon.
Of the issues traded till then, 73 gained, 64 declined 41 issues remained unchanged with a turnover value of BDT 129,785,115.40.