BBN file photo

Dhaka, Bangladesh (BBN)– Bangladesh’s stocks failed to stay in the positive trend at midday on Tuesday as risk-averse investors went on selling spree.

Following the previous day’s sharp decline, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse rose more than 18 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 37 points at 10:45am.

After 30 minutes of trading, the DSEX rose more than 33 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 50 points at 11:00am.

After 90 minutes of trading, DSEX fell 2.98 points while the CSE All Shares Price Index lost 24 points at 12:00 noon when the report was filed.

DSEX, the prime index of the DSE stands at 5,319 points, losing 2.98 points at 12:00 noon.

The DS30 index, comprising blue chips, also fell 2.73 points to reach at 1913 points till then.

The DSE Shariah Index (DSES) lost 0.50 points to stand at 1,247 points till then.

Turnover, the crucial indicator of the market, stands at BDT 3.06 billion when the report was filed at 12:00 noon, riding on newly listed Bashundhara paper Mills.

Bashundhara Paper Mills, which made its share trading debut on Monday, was the most traded stocks till then with shares worth BDT 234 million changing hands, followed by United Power BDT 203 million, Ratanpur Steel BDT 128 million, Monno Ceramic BDT 105 million, and Shepherd Industries BDT 90 million.

Of the issues traded till then, 147 advanced, 130 declined and 43 issues remained unchanged on the DSE trading floor.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend till then with CSE All Shares Price Index of port city’s bourse–losing 24 points to stand at 16,365 points, also at 12:00 noon.

The Selective Categories Index of the port city bourse also fell 15 points to reach at 9,893 points till then.

Of the issues traded till then, 76 gained, 65 declined and 27 issues remained unchanged with BDT 160 million in turnover.