BBN file photo
Dhaka, Bangladesh (BBN) - Bangladesh’s stocks witnessed slow movement at midday on Thursday as investors were mostly followed cautious stance.
Market insiders said investors adopted ‘wait-and-see” approach and they are eying on the dialogue between the ruling Awami League and Jatiya Oikyafront leaders scheduled to be held this evening.
Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed marginally higher amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse gained more than 7.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 30 points at 10:45am.
After 30 minutes of trading, the DSEX advanced 4.88 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 31 points at 11:00am.
After 90 minutes of trading, DSEX advanced 1.10 points while the CSE All Shares Price Index gained 30 points at 12:00 noon, when the report was filed.
DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE stands at 5,285 points, gaining 1.10 points or 0.02 percent at 12noon.
However, the DS30 index, comprising blue chips, fell 2.90 points to reach at 1,875 points till then.
The DSE Shariah Index (DSES) also lost 0.73 points to stand at 1,221 points till then.
Turnover, the crucial indicator of the market, stands at BDT 2.02 billion when the report was filed at 12noon.
Intech Ltd was the most traded stocks till then with shares worth BDT 157 million changing hands, followed by SK Trims Industries with BDT 98 million, Saiham Cotton BDT 91 million, National Life Insurance BDT 74 million and Khulna Power BDT 63 million.
Of the issues traded till then, 154 advanced, 99 declined and 59 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE
The port city’s bourse – the Chittagong Stock Exchange – (CSE), stayed in the positive trend till then with CSE All Shares Price Index of port city’s bourse – advancing 30 points to stand at 16,222 points, also at 12noon.
The Selective Categories Index of the port city bourse also gained 16 points to reach at 9,832 points till then.
Of the issues traded till then, 86 gained, 54 declined and 19 issues remained unchanged with BDT 185 million in turnover.
BBN/SS/AD