Dhaka, Bangladesh (BBN)– Bangladesh’s stocks failed to stay in the positive trend at midday on Monday as some investors went on selling shares to book profit.
Following the previous five days’ upward movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 9.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 32 points at 10:45am.
After 30 minutes of trading, the DSEX rose more than 13 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 40 points at 11:00am.
After 90 minutes of trading, DSEX fell more than 13 points while the CSE All Shares Price Index lost 31 points at 12:00 noon when the report was filed.
DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE stands at 5,583 points, losing 13.86 points or 0.24 percent at 12:00 noon.
However, the two other indices stayed in the positive trend till then. The DS30 index, comprising blue chips, gained 1.29 points to reach at 1963 and the DSE Shariah Index (DSES) rose 2.51 points to stand at 1,275 points at 12:00 noon.
Turnover, the crucial indicator of the market, stands at BDT 2.40 billion when the report was filed at 12:00 noon.
Beximco was the most traded stocks till then with shares worth BDT 225 million changing hands, closely followed by Active Fine Chemicals BDT 160 million, United Power BDT 95 million, BBS Cables BDT 76 million and LankaBangla Finance BDT 68 million.
Of the issues traded till then, 150 advanced, 125 declined and 46 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw downward trend till then with CSE All Shares Price Index of port city’s bourse–losing 31 points to stand at 17,179 points, also at 12:00 noon.
The Selective Categories Index of the port city bourse also lost 20 points to reach at 10,401 points till then.
Of the issues traded till then, 87 gained, 73 declined and 20 issues remained unchanged with BDT 92 million in turnover.