Dhaka, Bangladesh (BBN)-Bangladesh’s stocks keep the early hour’s positive trend on midday Wednesday amid volatility, the fourth session of the week, as were active both sides of the trading.
Maintaining the previous day’s upward trend, the market opened with an optimistic note in the morning with the key index of the major bourse gaining about 21.14 points to reach at 5,160 points within first 15 minutes of trading.
After 30 minutes of trading, DSEX, the prime index DSE stands at 5,154.40 points, advancing 16.65 points at 11:00am.
At 12:00 noon, the key index of the DSE came down to 5,145.91 points, gaining 8.17 points, while the Selective Category Index of port city bourse fell 16.83 points on profit taking sale pressure.
After one and a half hours of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) stands at 5,145.91 points, advancing 8.17 points or 0.16 per cent at 12:00 noon.
The DSE Shariah Index (DSES) advanced 2.52 points or 0.21 per cent to reach at 1,215.76 points.
However, the DS30 index, comprising blue chips fell 1.44 points or 0.08 per cent to reach at 1,851.21 points at 12:00 noon.
Turnover, the crucial indicator of the market, stands at BDT 5.28 billion when the report was filed at 12:00 noon, driven by Argon Denims and Dhaka Electric Supply Company (DESCO).
Of the issues traded till then, 155 advanced, 130 declined and 36 issues remained unchanged on the DSE trading floor.
Argon Denims dominated the turnover chart with shares worth BDT 406 million changing hands till then, followed by DESCO BDT 235 million, Beximco BDT 189 million, GPH Ispat BDT 166 million and Agrani Insurance BDT 145 million.
However, the port city bourse – the Chittagong Stock Exchange – (CSE) failed to sustain the positive trend till 12:00 noon as its Selective Category Index – CSCX – falling 16.83 points to stand at 9,555.37 points, also at 12:00 noon.
Of the issues traded till then, 103 gained, 87 declined and 20 issues remained unchanged with BDT 311 million in turnover.