Dhaka, Bangladesh (BBN) – Bangladesh’s stocks stayed downward trend at midday on Tuesday as cautious investors remained on profit booking mood on sector-wise stocks.
Following the previous two days’ upward trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid slow trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse more than 7.0 points while the Selective Category Index of port city bourse lost 4.31 points at 10:15am.
After first 30 minutes of trading, DSEX trying to fight back and gained 6.62 points while the Selective Category Index of port city bourse lost 4.10 points at 10:30am.
After 90 minutes of trading, DSEX, the prime index of the DSE fell 15 points while the Selective Category Index of port city bourse lost 33 points when the report was filed at 12noon.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE stands at 5,898 points, losing 15.35 points or 0.25 percent at 12noon.
The two other indices also saw downward trend till then. The DS30 index, comprising blue chips fell 2.29 points or 0.10 percent to reach at 2123 points.
The DSE Shariah Index (DSES) also lost 1.05 points or 0.08 percent to stand at 1,310 points.
Turnover, the crucial indicator of the market, stands at BDT 3.54 billion, when the report was filed at 12noon.
The newly listed BBS Cables led the turnover chart till then with shares worth BDT 191 million changing hands, closely followed by City Bank BDT 146 million, ONE Bank BDT 143 million, Mercantile Bank BDT 139 million, and IFIC Bank BDT 98 million.
Of the issues traded till then, 148 advanced, 122 declined and 50 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) saw downward trend till then with its Selective Category Index – CSCX – shedding 33 points to stand at 11,049 points, also at 12noon.
Of the issues traded till then, 71 gained, 85 declined and 37 issues remained unchanged with BDT 158 in turnover.