Dhaka, Bangladesh (BBN)– Bangladesh’s stocks failed stayed positive trend at midday on Thursday as cautious investors went on profit booking mood.
Following the previous two days’ gaining streak, the key index of the country’s prime bourse advanced 14 points while the Selective Category Index of port city bourse rose 20 points within first 15 minutes of trading at 10:45am.
After 30 minutes of trading, the DSEX stands 5,568, advancing 23 points, while the Selective Category Index of port city bourse rose 30 points at 11am.
After that it started to decline as cautious investors went on profit booking on quick-gaining stocks.
At 12:00 noon, the DSEX lost 4.48 points while the Selective Category Index of port city bourse fell nearly 11 points when the report was filing.
DHAKA STOCK EXCHANGE:
After one and a half hours of trading, DSEX, the prime index of the DSE went down by 4.48 points or 0.08 percent to stand at 5,540.62 points when the report was filed at 12:00 noon.
The DS30 index, comprising blue chips also fell 5.10 points or 0.25 percent to stand at 2,036 points. The DSE Shariah Index (DSES) lost 2.16 points or 0.16 percent to reach at 1,275 points at 12:00 noon.
Turnover, the crucial indicator of the market, stands at BDT 3.10 billion on the DSE, when the report was filed at 12:00 noon.
United Power topped the turnover chart with shares worth BDT 279 million changing hands till then, followed by LankaBangla Finance Tk 122 million, Shahjibazar Power Tk 98 million, Brac Bank Tk 94 million and ONE Bank Tk 91 million.
Of the issues traded till then, 136 advanced, 115 declined and 47 issues remained unchanged till 12:00 noon.
CHITTAGONG STOCK EXCHANGE:
The port city bourse, the Chittagong Stock Exchange (CSE), also saw negative trend till then with its Selective Category Index – CSCX –losing 10.75 points to stand at 10,424, also at 12:00 noon.
Of the issues traded till then, 78 gained, 65 declined and 30 remained unchanged with a turnover value of BDT 170 million.