Dhaka, Bangladesh (BBN) – Bangladesh’s stocks stayed in positive trend at midday on Wednesday as investors remained active on sectors-wise stocks amid ongoing quarterly earnings declaration.
Following the previous three days’ correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive trend amid low trading activities.
Within first 30 minutes of trading, the key index of the country’s prime bourse advanced nearly 14 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 1.72 points at 11:00am.
After 90 minutes of trading, DSEX advanced more than 11 points while the CSE All Shares Price Index gained 18 points at 12noon when the report was filed.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE stands at 5,788 points, losing 11.56 points or 0.20 percent at 12noon.
The DSE Shariah Index (DSES) advanced 2.76 points or 0.08 percent to stand at 1,342 points till then.
However, the DS30 index, comprising blue chips, fell 2.76 points or 0.20 percent to reach at 2,162 points.
Turnover, the crucial indicator of the market, stands at BDT 1.41 billion, when the report was filed at 12noon.
United Power was the most traded stocks till then with shares worth BDT 78 million changing hands, closely followed by Beximco BDT 75 million, Grameenphone BDT 70 million, Queen South Textile BDT 68 million and Rupali Life Insurance BDT 45 million.
Of the issues traded till then, 166 advanced, 85 declined and 48 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with CSE All Shares Price Index of port city’s bourse – advancing 18 points to stand at 17,839 points, also at 12noon.
The Selective Categories Index of the port city bourse also gained 13 points to reach at 10,780 points till then.
Of the issues traded till then, 61 gained, 49 declined and 14 issues remained unchanged with BDT 85 million in turnover.