Retail investors are in despair as DSE witnesses volatility. BBN file photo
Dhaka, Bangladesh (BBN) - Bangladesh’s stocks maintained the mixed trend at midday on Thursday as investors remained followed cautious stance ahead of national election.
Following the previous day’s marginal correction, the Dhaka Stock Exchange (DSE) saw negative trend while the Chittagong Stock Exchange (CSE) witnessed marginally higher with low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse fell 2.35 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 7.0 points at 10:45am.
After 30 minutes of trading, the DSEX fell 0.32 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 11 points at 11:00am.
After 90 minutes of trading, DSEX fell more than 7.0 points while the CSE All Shares Price Index advanced 6.0 points at 12noon, when the report was filed.
DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE stands at 5,237 points, losing 7.62 points or 0.14 percent at 12noon.
Two other indices also saw negative trend till then. The DS30 index, comprising blue chips, fell 7.40 points to reach at 1,852 points.
The DSE Shariah Index (DSES) lost 1.17 points to stand at 1,205 points till then.
Turnover, the crucial indicator of the market, stands at BDT 2.20 billion when the report was filed at 12noon.
United Power was the most traded stocks till then with shares worth BDT 209 million changing hands, closely followed by SK Trims Industries, Khulna Power, Silva Pharmaceuticals and Intech
Of the issues traded till then, 118 advanced, 121 declined and 50 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE
However, the port city’s bourse – the Chittagong Stock Exchange – (CSE), saw positive trend till then with CSE All Shares Price Index of port city’s bourse – advancing 6.0 points to stand at 16,080 points, also at 12noon.
The Selective Categories Index of the port city bourse also rose 3.52 points to reach at 9,743 points till then.
Of the issues traded till then, 62 gained, 64 declined and 21 issues remained unchanged with BDT 65 million in turnover.
BBN/SS/ANS