Dhaka, Bangladesh (BBN) – Bangladesh’s stocks turned volatile at midday on Wednesday as investors were active on both sides of trading fence ahead of monetary policy announcement.
Following the previous day’s notable gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher, but trading activities remained low.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 21 points while the CSE All Share Price Index (CAPSI) of port city’s bourse rose 52 points at 10:45am.
After first 30 minutes of trading, the key index of the country’s prime bourse gained more than 20 points while the CSE All Share Price Index (CAPSI) rose 79 points at 11:00am.
After 90 minutes of trading, DSEX fell 0.08 points while the CSE All Shares Price Index advanced 55 points at 12noon when the report was filed.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE stands at 6,128 points, losing 0.08 points at 12noon.
The DS30 index, comprising blue chips fell 2.16 points or 0.09 percent to reach at 2,245 points.
However, the DSE Shariah Index (DSES) advanced 5.78 points or 0.41 percent to reach at 1,395 points.
Turnover, the crucial indicator of the market, stands at BDT 1.38 billion, when the report was filed at 12noon.
Square Pharmaceuticals was the most traded stocks till then with shares worth BDT 260 million changing hands, followed by Shepherd Industries BDT 81 million, Dragon Sweater BDT 66 million, IFAD Autos BDT 55 million and BD Thai Aliminium BDT 35 million.
Of the issues traded till then, 102 advanced, 150 declined and 53 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
However, the port city bourse – the Chittagong Stock Exchange – (CSE) saw positive trend till then with CSE All Shares Price Index of port city’s bourse – advancing 55 points to stand at 18,940 points, also at 12noon.
The Selective Categories Index of the port city bourse also gained 33 points to reach at 11,438 points till then.
Of the issues traded till then, 46 gained, 60 declined and 32 issues remained unchanged with BDT 84 million in turnover.