Bangladesh’s stocks witness mixed trend at midday Tuesday

Last updated: February 5, 2019

BBN file photo

Dhaka, Bangladesh (BBN)- Bangladesh’s stocks maintained the positive trend at midday on Tuesday as investors are active both sides of trading fence.

Following the previous day’s positive trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 6.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 25 points at 10:45am.

After 30 minutes of trading, the DSEX fell 7.75 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 0.60 points at 11:00am.

After 90 minutes of trading, DSEX advanced 1.84 points while the CSE All Shares Price Index fell 16 points at 12:00 noon when the report was filed.

DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE stands at 5,829 points, advancing 1.84 points or 0.03 percent at 12:00 noon.

However, two other induces saw negative trend. The DS30 index, comprising blue chips, fell 1.68 points to reach at 2016 points. The DSE Shariah Index (DSES) lost 0.06 points to stand at 1,319 points till then.

Turnover, the crucial indicator of the market, stands at BDT 2.72 billion when the report was filed at 12:00 noon.

United Power was the most traded stocks till then with shares worth BDT 178 million changing hands, closely followed by, Bangladesh Submarine Cable Company, Simtex Industries, Monno Ceramic and Power Grid Company.
Of the issues traded till then, 160 advanced, 126 declined and 52 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE
The port city’s bourse – the Chittagong Stock Exchange – (CSE), saw negative trend till then with CSE All Shares Price Index of port city’s bourse–losing 16 points to stand at 17,839 points, also at 12:00 noon.

The Selective Categories Index of the port city bourse also lost 7.0 points to reach at 10,792 points till then.

Of the issues traded till then, 71 gained, 88 declined and 30 issues remained unchanged with BDT 82 million in turnover.

BBN/SSR/SR

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram