Dhaka, Bangladesh (BBN) – Bangladesh’s stocks turned to negative trend at midday on Monday as cautious investors started to book profit on quick-gaining stocks.
Following the previous day’s marginal correction, the Dhaka Stock Exchange (DSE) the Chittagong Stock Exchange (CSE) opened slow trend amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 1.70 points while the CSE All Shares Price Index of port city bourse rose 16 points at 10:45am.
After 30 minutes of trading, the DSEX stayed positive trend with gaining 1.18 points while CSE All Shares Price Index fell 14 points at 11:00am.
After that, both the bourses started to decline. After 90 minutes of trading, DSEX fell 22 points while the CSE All Shares Price Index lost 64 points at 12:00 noon when the report was filed.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE stands at 6,274 points, losing 22 points or 0.35 percent at 12noon.
The two other indices saw negative trend till then. The DS30 index, comprising blue chips, fell 2.94 points or 0.13 percent to reach at 2,271 points.
The DSE Shariah Index (DSES) also lost 4.18 points or 0.30 percent to reach at 1,386 points.
Turnover, the crucial indicator of the market, stands at BDT 2.86 billion, when the report was filed at 12noon.
GP was the most traded stocks till then with shares worth BDT 119 million changing hands, closely followed by Golden Harvest BDT 105 million, BD Thai BDT 98 million, Fortune Shoes BDT 95 million and Square Pharma BDT 89 million.
Of the issues traded till then, 119 advanced, 141 declined and 55 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend till then with CSE All Shares Price Index of – losing 64 points to stand at 19,420 points, also at 12noon.
The Selective Categories Index of the port city bourse also lost 38 points to reach at 11,750 points till then.
Of the issues traded till then, 76 gained, 77 declined and 22 issues remained unchanged with BDT 120 million in turnover.