Dhaka, Bangladesh (BBN) – Bangladesh’s stocks stayed positive amid volatile trading at midday on Monday as investors were active on both sides of trading fence.
Following the previous day’s upbeat trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with rising trading activities.
After first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 42.48 points while the Selective Category Index of port city bourse rose 78 points at 10:45am.
After 30 minutes of trading it slowed down and DSEX gained 8.84 points while the Selective Category Index of port city bourse rose 55 points at 11:00am.
After 90 minutes of trading, DSEX, the prime index of the advanced 1.69 points, while the Selective Category Index of port city bourse gained 13 points when the report was filed at 12noon.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE stands at 6,242 points, advancing 1.69 points or 0.02 percent at 12noon.
Two other indices, however, saw downward trend till then. The DS30 index, comprising blue chips fell 6.28 points or 0.28 percent to reach at 2220 points.
The DSE Shariah Index (DSES) lost 6.49 points or 0.46 percent to reach at 1,385 points.
Turnover, the crucial indicator of the market, stands at BDT 6.65 billion, when the report was filed at 12noon.
The banking sector dominated the turnover chart with National Bank led the chart till then with shares worth BDT 399 million changing hands, followed Al-Arafa Islami Bank BDT 276 million, Mercantile Bank BDT 236 million, First Security Islami bank BDT 237 million and ONE Bank BDT 231 million.
Of the issues traded till then, 141 advanced, 118 declined and 62 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also stayed positive trend till then with its Selective Category Index – CSCX – advancing 13 points to stand at 11,722 points, also at 12noon.
Of the issues traded till then, 84 gained, 87 declined and 40 issues remained unchanged with BDT 279 million in turnover.