Retail investors are in despair as DSE witnesses volatility. BBN file photo
Dhaka, Bangladesh (BBN) - Bangladesh’s stocks stayed in the volatile trend at midday on Wednesday as investors became busy in rebalancing their portfolios.
Following the previous two days’ sharp gain, the Dhaka Stock Exchange (DSE) saw downward trend while the Chittagong Stock Exchange (CSE) witnessed marginally higher amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse fell more than 7.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 5.0 points at 10:45am.
After 30 minutes of trading, the DSEX fell more than 8.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 0.51 points at 11:00am.
After 90 minutes of trading, DSEX fell more than 5.0 points while the CSE All Shares Price Index advanced 34 points at 12noon, when the report was filed.
DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE stands at 5,294 points, losing 5.05 points or 0.10 percent at 12noon.
The DS30 index, comprising blue chips, also fell 1.27 points to reach at 1,875 points till then.
The DSE Shariah Index (DSES) lost 1.70 points to stand at 1,224 points till then.
Turnover, the crucial indicator of the market, stands at BDT 1.98 billion when the report was filed at 12noon.
Khulna Power was the most traded stocks till then with shares worth BDT 178 million changing hands, followed by Square Pharma BDT 80 million, FAS Finance BDT 62 million, Intraco Refueling BDT 57 million and Advent Pharma BDT 54 million.
Of the issues traded till then, 143 advanced, 122 declined and 48 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE
However, the port city’s bourse – the Chittagong Stock Exchange – (CSE), stayed in the positive trend till then with CSE All Shares Price Index of port city’s bourse–advancing 34 points to stand at 16,261 points, also at 12noon.
The Selective Categories Index of the port city bourse also gained 20 points to reach at 9,858 points till then.
Of the issues traded till then, 84 gained, 50 declined and 19 issues remained unchanged with BDT 72 million in turnover.
BBN/SS/AD