Dhaka, Bangladesh (BBN) – Bangladesh’s stocks turned negative trend at midday on Sunday as cautious investors went on selling spree.
Following the previous week’s downturn, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note with low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 26 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 50 points at 10:45am.
After 30 minutes of trading, the DSEX went up by more than 18 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 48 points at 11:00am.
After 90 minutes of trading, DSEX fell more than 10 points while the CSE All Shares Price Index lost 34 points at 12noon when the report was filed.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE stands at 5,710 points, losing 10.55 points at 12noon.
The DS30 index, comprising blue chips, also fell 2.26 points or 0.10 percent to reach at 2,114 points.
The DSE Shariah Index (DSES) lost 2.54 points or 0.18 percent to stand at 1,346 points till then.
Turnover, the crucial indicator of the market, stands at BDT 916 million, when the report was filed at 12noon.
Monno Ceramic Industries was the most traded stocks till then with shares worth BDT 43 million changing hands, followed by Fine Foods BDT 37 million, Fu-Wang Food BDT 36 million, Queen Southeast Textile BDT 32 million and Wata Chemicals BDT 30 million.
Of the issues traded till then, 96 advanced, 158 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 port city’s bourse – losing 34 points to stand at 17,621 points, also at 12noon.
The Selective Categories Index of the port city bourse also lost 20 points to reach at 10,641 points till then.
Of the issues traded till then, 44 gained, 81 declined and 21 issues remained unchanged with BDT 102 million in turnover.