Dhaka, Bangladesh (BBN)-Bangladesh’s stocks witnessed mixed trend at midday on Tuesday as investors were active on both sides of trading fence.
After witnessing sharp rise in the past two sessions, the key index of the DSE fell 21.89 points while the Selective Category Index of port city bourse lost 18.96 points within first 15 minutes of the day’s trading.
However, the market recovered the early losses within next 15 minutes and the key index of the DSE gained 21.06 points at 11:00am and the Selective Category Index of port city bourse rose 46.32 points.
At 12noon, DSEX fell again 3.94 points while the Selective Category Index of port city bourse lost 7.24 points.
DHAKA STOCK EXCHANGE:
After one and a half hours of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) stands at 5,665.85, losing 3.94 points or 0.06 percent when the report was filing at 12noon.
However, the two other indices saw upward trend.
The DS30 index, comprising blue chips rose 2.46 points or 0.12 percent to reach at 2,027.09 points at 12noon.
The DSE Shariah Index (DSES) advanced 4.69 points or 0.36 percent to reach at 1,302.30 points.
Turnover, the crucial indicator of the market, stands at BDT 8.26 billion when the report was filed at 12:00 noon riding on Islami Bank and Summit Power.
Of the issues traded till then, 98 advanced, 193 declined and 29 issues remained unchanged on the DSE trading floor.
Islami Bank dominated the turnover chart with shares worth BDT 465 million changing hands till then, closely followed by Summit Power BDT 381 million, Beximco BDT 230 million, IBN Sina BDT 217 million and City Bank BDT 187 million.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) saw negative trend till 12:00 noon as its Selective Category Index – CSCX – losing 7.24 points to stand at 10,639.14 points, also at 12noon.
Of the issues traded till then, 59 gained, 143 declined and 19 issues remained unchanged with BDT 447 million in turnover.
BBN/SS/ANS