Dhaka, Bangladesh (BBN)– Bangladesh’s stocks stayed downward trend at midday on Monday as risk-averse investors continued their selling spree on sectors specific stocks.
Following the previous six days’ correction, the Dhaka Stock Exchange (DSE) opened lower while the Chittagong Stock Exchange (CSE) saw positive trend at opening.
After 15 minutes of trading, the key index of the country’s prime bourse fell 1.95 points while the Selective Category Index of port city bourse advanced 4.30 points at 10:45am.
After 30 minutes of trading, the DSEX stands at 5,459, losing 1.56 points, while the Selective Category Index of port city bourse rose 9.97 points at 11am.
At 12:00 noon, the DSEX fell 19.26 points while the Selective Category Index of port city bourse lost 34 points when the report was filing.
DHAKA STOCK EXCHANGE: After one and a half hours of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) stands at 5,441 points, losing 19.26 points or 0.35 percent when the report was filing at 12:00 noon.
The DS30 index, comprising blue chips also fell 10.08 points or 0.50 percent to reach at 2,008 points.
The DSE Shariah Index (DSES) lost 3.79 points or 0.29 percent to reach at 1,264 points.
Turnover, the crucial indicator of the market, stands at BDT 1.89 billion, when the report was filed at 12:00 noon.
Paramount Textile led the turnover chart with shares worth BDT 118 million changing hands till then, closely followed by LankaBangla BDT 102 million, Ratanpur Steel BDT 95 million, Doreen Power BDT 74 million and Bangladesh Finance BDT 55 million.
Of the issues traded till then, 110 advanced, 146 declined and 43 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 –losing 34 points to stand at 10,218 points, also at 12:00 noon.
Of the issues traded till then, 56 gained, 87 declined and 24 issues remained unchanged with BDT 76 million in turnover.