Dhaka, Bangladesh (BBN)– Bangladesh’s stocks failed to stay positive trend at midday on Wednesday as cautious investors were on profit booking mood on sector specific stocks.
After witnessing mild correction in the two consecutive sessions, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened positive amid slow trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse rose 13 points while the Selective Category Index of port city bourse advanced 12 points at 10:45am when the report was filed.
After 30 minutes of trading, DSEX advanced 6.38 points while the Selective Category Index of port city bourse fell 0.18 points at 11:00am.
After 90 minutes of trading, DSEX, the prime index of the DSE lost nearly 10 points, while the Selective Category Index of port city bourse fell 48 points when the report was filed at 12:00 noon.
DHAKA STOCK EXCHANGE
DSEX, the prime index of the Dhaka Stock Exchange (DSE) stands at 5,809 points, losing 9.62 points or 0.16 percent at 12:00 noon.
However, the two other indices stayed positive note till then. The DS30 index, comprising blue chips advanced 0.72 points or 0.03 percent to reach at 2135 points.
The DSE Shariah Index (DSES) also advanced 1.17 points or 0.08 percent to reach at 1,323 points.
Turnover, the crucial indicator of the market, stands at BDT 4.12 billion, when the report was filed at 12:00 noon.
RAK Ceramics led the turnover chart till then with shares worth BDT 323 million changing hands, closely followed by Doreen Power BDT 250 million, IFAD Autos BDT 227 million, Unique Hotel BDT 155 million and Shahjibazar Power BDT 119 million.
Of the issues traded till then, 103 advanced, 145 declined and 60 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE
The port city bourse – the Chittagong Stock Exchange – (CSE) returned to downturn till then with its Selective Category Index – CSCX –losing 48 points to stand at 10,869 points, also at 12:00 noon.
Of the issues traded till then, 54 gained, 121 declined and 27 issues remained unchanged with BDT 185 in turnover.