Bangladesh’s stocks turn mixed at midday

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks turned mixed at midday on Monday amid modest volatility as cautious investors started to book profit on sector-wise stocks.

Following the previous day’s positive movement, the Dhaka Stock Exchange (DSE) the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 14 points while the CSE All Shares Price Index of port city bourse rose 29 points at 10:45am.

After 30 minutes of trading, the DSEX rose 13.74 points while CSE All Shares Price Index advanced 48 points at 11:00am.

After 90 minutes of trading, DSEX fell 4.46 points while the CSE All Shares Price Index remained positive with 6.58 points gain at 12noon when the report was filed.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the DSE stands at 6,332 points, losing 4.46 points or 0.07 percent at 12:00 noon.

The DSE Shariah Index (DSES) also lost 0.05 point to reach at 1,394 points.

However, the DS30 index, comprising blue chips, advanced 1.13 points or 0.05 percent to reach at 2,281 points.

Turnover, the crucial indicator of the market, stands at BDT 44.2 billion, when the report was filed at 12noon.

LankaBangla Finance was the most traded stocks till then with shares worth BDT 560 million changing hands, followed by Islami Bank BDT 205 million, AB Bank BDT 190 million, Fu-Wang Food BDT 139 million and Paramount Textile BDT 116 million.

Of the issues traded till then, 151 advanced, 117 declined and 49 issues remained unchanged on the DSE trading floor.

CHITTAGONG STOCK EXCHANGE:

The port city bourse – the Chittagong Stock Exchange – (CSE) saw positive trend till then with CSE All Shares Price Index of – gaining 6.58 points to stand at 19,606 points, also at 12noon.

The Selective Categories Index of the port city bourse also rose 2.75 points to reach at 11,864 points till then.

Of the issues traded till then, 96 gained, 85 declined and 24 issues remained unchanged with BDT 196 million in turnover.

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