Dhaka, Bangladesh (BBN)-Bangladesh’s stocks kept upward trend at midday on Thursday amid choppy trading as investors were active both sides of trading fence.
After facing a major correction in the previous day, the key index of the DSE advanced 22 points within first five minutes of trading and next 5 minutes fell 27 points.
But it recovered the losses and gained 16.44 points at 10:45am.
At 12:00 noon, DSEX rose 47.23 points while the Selective Category Index of port city bourse advanced 54 points when the report was filed.
After one and a half hours of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) stands at 5,668.52 points, gaining 47.23 points or 0.84 per cent when the report was filing at 12:00 noon.
The two other indices also saw upward trend.
The DS30 index, comprising blue chips rose 13.34 points or 0.67 per cent to reach at 2,041.41 points at 12:00 noon.
The DSE Shariah Index (DSES) advanced 10.15 points or 0.78 per cent to reach at 1,297.71 points.
Turnover, the crucial indicator of the market, stands at BDT 5.30 billion when the report was filed at 12:00 noon riding on Islami Bank and LankaBangla Finance.
Of the issues traded till then, 190 advanced, 97 declined and 32 issues remained unchanged on the DSE trading floor.
Islami Bank dominated the turnover chart with shares worth BDT 431 million changing hands till then, closely followed by LankaBangla Finance BDT 186 million, Jamuna Oil Company BDT 166 million, Beximco BDT 163 million and Central Pharmaceuticals BDT 142 million.
The port city bourse – the Chittagong Stock Exchange – (CSE) saw upward trend till 12:00 noon as its Selective Category Index – CSCX – advancing 54 points to stand at 10,625.75 points, also at 12:00 noon.
Of the issues traded till then, 122 gained, 58 declined and 22 issues remained unchanged with BDT 230 million in turnover.