Retailers trade at Dhaka Stock Exchange office. BBN file photo
Dhaka, Bangladesh (BBN) - Bangladesh’s stocks stayed positive trend at midday on Monday amid choppy trading as investors were active both sides of trading fence.
Market insiders said as the finance minister hinted at lowering the interest rates on savings instruments, stock investors became optimistic in early trading.
The key index of the prime bourse rose 15 points within first 15 minutes of trading at 10:45am.
After 30 minutes of trading, the DSEX stands at 5390 points, advancing 26 points while the Selective Category Index of port city bourse rose 33 points when the report was filing at 11:00am.
At 12, the DSEX eroded most of the early gain and went up by only 3.62 points while the Selective Category Index of port city bourse lost 2.88 points when the report was filing.
DHAKA STOCK EXCHANGE:
After one and a half hours of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) stood at 5,367 points, advancing 3.62 points or 0.06 percent when the report was filing at 12noon.
The DS30 index, comprising blue chips also advanced 3.17 points or 0.16 percent to reach at 1986points.
The DSE Shariah Index (DSES) gained 2.23 points or 0.17 percent to reach at 1,251 points.
Turnover, the crucial indicator of the market, stands at BDT 2.06 billion, when the report was filed at 12:00 noon.
IFAD Autos led the turnover chart with shares of BDT 231 million changing hands till then, followed by Agni Systems BDT 137 million, Doreen Power BDT 109 million, ACI BDT 178 million and Bangladesh Shipping Corporation BDT 74 million.
Of the issues traded till then, 136 advanced, 103 declined and 56 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
However, the port city bourse – the Chittagong Stock Exchange – (CSE) saw negative trend with its Selective Category Index – CSCX –losing 2.88 points to stand at 10,071 points, also at 12noon.
Of the issues traded till then, 66 gained, 68 declined and 19 issues remained unchanged with BDT 116 million in turnover.
BBN/SS/ANS