Dhaka, Bangladesh (BBN) – Bangladesh’s stocks turned volatile at midday on Sunday as investors are active on both sides of the trading session amid ongoing earnings and dividend declaration session.
Following the previous week’s marginal correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive amid slow trend of indices.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 1.74 points while the Selective Category Index of port city bourse increased 15 points at 10:45am.
After first hour of trading, the DSEX advanced more than 15 points while the Selective Category Index of port city bourse rose 25 points at 11:30am.
But, it slowed down as the session progressed amid volatility.
After 90 minutes of trading, DSEX fell 3.86 points while the Selective Category Index of port city bourse stayed positive with 12 points gain when the report was filed at 12noon.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE stands at 6,014 points, losing 3.86 points or 0.06 percent at 12noon.
The two other indices also saw negative trend till then. The DS30 index, comprising blue chips, lost 8.78 points or 0.40 per cent to reach at 2,165 points.
The DSE Shariah Index (DSES) also lost 7.88 points to reach at 1,308 points.
Turnover, the crucial indicator of the market, stands at BDT 3.18 billion, when the report was filed at 12noon.
City Bank was the most traded stocks till then with shares worth BDT 189 million changing hands, closely followed by Brac Bank BDT 167 million, Saif Powertec BDT 163 million, Premier Bank BDT 118 million and IDLC Finance BDT 105 million.
Of the issues traded till then, 101 advanced, 191 declined and 24 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
However, the port city bourse – the Chittagong Stock Exchange – (CSE) stayed positive trend till then with its Selective Category Index – CSCX – advancing 12 points to stand at 11,260 points, also at 12noon.
Of the issues traded till then, 57 gained, 100 declined and 18 issues remained unchanged with BDT 207 million in turnover.