Dhaka, Bangladesh (BBN)– Bangladesh’s stocks stayed the negative trend at midday on Sunday, the first trading of the new fiscal year, as investors remain on profit booking mood.
Following the previous six days’ rising trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower, but turnover remained high.
Within first 30 minutes of trading, the key index of the country’s prime bourse fell more than 13 points while the Selective Category Index of port city bourse lost 34 points at 11am.
After two hours of trading, DSEX, the prime index of the DSE fell 4.75 points, while the Selective Category Index of port city bourse lost 5.0 points when the report was filed at 12:30pm.
DHAKA STOCK EXCHANGE
After first half of the trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) stands at 5,651 points, losing 4.75 points or 0.08 percent at 12:30pm.
The DS30 index, comprising blue chips also fell 4.26 points or 0.20 percent to reach at 2079 points.
The DSE Shariah Index (DSES) also lost 1.76 points or 0.13 percent to reach at 1,299 points.
Turnover, the crucial indicator of the market, stands at BDT 4.43 billion, when the report was filed at 12:30pm.
Doreen Power led the turnover chart with shares worth BDT 230 million changing hands till then, closely followed by Regent Textile BDT 206 million, AFC Agro Biotech BDT 170 million, ICB BDT 159 million and Baraka Power BDT 153 million.
Of the issues traded till then, 170 advanced, 105 declined and 49 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend with its Selective Category Index – CSCX – shedding 5.0 points to stand at 10,586 points, also at 12:30pm.
Of the issues traded till then, 110 gained, 84 declined and 22 issues remained unchanged with BDT 230 million in turnover.