Dhaka, Bangladesh (BBN)- Bangladesh’s stocks kept the early hour’s positive trend at midday on Wednesday amid choppy trading as investors were active both sides of trading fence.
The market opened with an optimistic note in the morning, gaining more than 12.69 points to stand at 4,943.96 points within first 15 minutes of trading.
After 30 minutes of trading, DSEX, the prime index Dhaka Stock Exchange (DSE) went down by 3.51points to came down at 4,927.65 at 11:00am.
After two hours of trading at 12:30pm, the market backed to positive zone with the key index of the DSE advanced 4.63 points, while the Selective Category Index of port city bourse gained 18.43 points.
After nearly two hours of trading, DSEX, the prime index of the Dhaka Stock Exchange reached at 4,935.80 points, gaining 4.63 points or 0.09 percent at 12:30pm.
The two other indices also saw positive trend till then.
The DS30 index, comprising blue chips advanced 1.21 points or 0.06 percent to reach at 1,798.40 points at 12:30pm.
The DSE Shariah Index (DSES) also rose 3.38 points or 0.28 percent to reach at 1,170.72 points.
Turnover, the crucial indicator of the market, stands at BDT 3.81 billion when the report was filed at 12:30pm.
Of the issues traded till then, 131 advanced, 127 declined and 59 issues remained unchanged on the DSE trading floor riding on Bangladesh Building Systems and Square Pharma.
Bangladesh Building Systems was the most traded stocks till then with shares BDT 233 million changing hands, closely followed by Square Pharma BDT 180 million, Keya Cosmetics BDT 131 million, Summit Alliance Port BDT 108 million and CMC Kamal BDT 100 million till the report was filed at 12:30pm.
The port city bourse – the Chittagong Stock Exchange – (CSE) also maintained the positive trend after two hours of trading as its Selective Category Index – CSCX – advancing 18.43 points to stand at 9223.04 points, also at 12:20pm.
Of the issues traded till then, 93 gained, 71 declined and 26 issues remained unchanged with BDT 155 million in turnover.