BBN file photo

Dhaka, Bangladesh (BBN)– Bangladesh’s stocks saw downward trend at midday on Thursday amid slow movement as some investors went on selling shares on sector-wise stocks.

Following the previous two days’ upward trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note. But losses the ground as the session progressed.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 16 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 21 points at 10:45am.

After 30 minutes of trading, the DSEX fell 1.45 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 31 points at 11:00am.

After 90 minutes of trading, DSEX fell more than 5.0 points while the CSE All Shares Price Index lost 3.0 points at 12:00 noon when the report was filed.

DSEX, the prime index of the DSE stands at 5,499 points, losing 5.28 points or 0.09 percent at 12:00 noon.

The DSE Shariah Index (DSES) also fell 2.92 points to stand at 1,258 points till then.

However, the DS30 index, comprising blue chips, advanced 3.50 points to reach at 1914 points till then.

Turnover, the crucial indicator of the market, stands at BDT 3.60 billion when the report was filed at 12:00 noon.

Khulna Power was the most traded stocks till then with shares worth BDT 490 million changing hands, followed by IFAD Autos BDT 345 million, BBS Cables BDT 232 million, Shasha Denims BDT 220 million and Fortune Shoes BDT 140 million.

Of the issues traded till then, 119 advanced, 166 declined and 37 issues remained unchanged on the DSE trading floor.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw negative till then with CSE All Shares Price Index of port city’s bourse–losing 3.0 points to stand at 16,943 points, also at 12:00 noon.The Selective Categories

Index of the port city bourse also fell 1.08 points to reach at 10,263 points till then.

Of the issues traded till then, 57 gained, 83 declined and 20 issues remained unchanged with BDT 88 million in turnover.