Investors are in despair as Bangladesh’s stocks nosedive. BBN file photo
Dhaka, Bangladesh (BBN) – Bangladesh’s stocks turned almost flat zone at midday on Thursday as investors were active on both sides of trading fence.
Following the previous day’s major correction, Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened with a positive trend.
Within 15 minutes of trading, the key index of the country’s prime bourse rose 20 points while the Selective Category Index of port city bourse advanced 9.0 points at 10:45am.
After 30 minutes of trading, DSEX fell 11.65 points while the Selective Category Index of port city bourse dropped 22 points at 11:00am.
After two hours of trading of trading, DSEX, the prime index of the DSE advanced 0.68 points, while the Selective Category Index of port city bourse rose 4.55 points when the report was filed at 12:30pm.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE), stood at 5,825 points, advancing 0.68 points or 0.01 percent at 12:30pm.
Two other indices also saw positive trend till then.
The DS30 index, comprising blue chips advanced 3.86 points or 0.18 percent to reach at 2120 points.
The DSE Shariah Index (DSES) also gained 4.03 points or 0.31 percent to reach at 1,321 points.
Turnover, the crucial indicator of the market, stands at BDT 4.23 billion, when the report was filed at 12:30pm.
GrameenPhone was the most traded stocks till then with shares worth BDT 352 million changing hands, closely followed Keya Cosmetics BDT 329 million, Generation Next Fashions BDT 195 million, Daffodil Computers BDT 161 million and IFAD Autos BDT 151 million.
Of the issues traded till then, 26 advanced, 134 declined and 58 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) stayed in positive trend till then with its Selective Category Index – CSCX – advancing 4.55 points to stand at 10,856 points, also at 12:30pm.
Of the issues traded till then, 71 gained, 91 declined and 36 issues remained unchanged with BDT 212 million in turnover.
BBN/SS/ANS
