Dhaka, Bangladesh (BBN)-Bangladesh’s stocks witnessed roller coaster ride at midday on Monday, the second trading session of the week.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, showed positive attitude when the market opened at 10:30am.
But as the time passes it showed negative trend at midday.
Brokers said, the market plunged as investors failed to predict the future.
The key index of Dhaka Stock Exchange (DSE) slipped 33.79 points, while the port city bourse, selective catagory index of Chittagong Stock Exchange (CSE) lost 49.58 points when the report was updated around 12:30pm.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 33.79 points or 0.77 per cent to stand at 4,322.16 points, when the report was filed at 12:32pm.
The DS30 index, comprising blue chips, slipped 11.95 points or 0.72 per cent to stand at 1,639.19 points.
The DSE Shariah Index (DSES) also shedded 7.86 points or 0.74 per cent to reach at 1,049.43 points.
DSE turnover stands at only BDT 1.34 billion when the report was filed at 12:32pm.
Of the issues traded till then, 75 advanced, 183 declined and 42 issues remained unchanged.
The recently listed Dragon Sweater and Spinning was the most traded stocks till then with shares BDT 123 million changing hands followed by Emerald Oil Industries Ltd, Keya Cosmetics, Bangladesh Steel Re-Rolling Mills Limited.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange (CSE) also saw negative trend with its Selective Category Index- CSCX– declining 49.58 points to stand at 8, 089.17 points, also at 12:31pm.
Of the issues traded till then, 41 gained, 136 declined 19 issues remained unchanged with a turnover value of BDT 92 million.
BBN/SK/AD