Dhaka, Bangladesh (BBN)– Bangladesh’s stocks stayed downward trend at midday on Sunday as risk-averse investors continued their selling spree on sectors specific stocks.
Following the previous week’s correction, both bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) opened lower amid slow trading activities.
After 15 minutes of trading, the key index of the country’s prime bourse fell 3.43 points while the Selective Category Index of port city bourse lost 0.94 points at 10:45am.
After 30 minutes of trading, the DSEX stands at 5,492, losing 4.22 points, while the Selective Category Index of port city bourse fell 1.18.
At 12:00 noon, the DSEX fell 16.58 points while the Selective Category Index of port city bourse lost 18 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 5,480 points, losing 16.58 points or 0.30 percent when the report was filing at 12:00 noon.
The DS30 index, comprising blue chips also fell 0.63 points or 0.03 percent to reach at 2,023 points.
The DSE Shariah Index (DSES) lost 1.0 points or 0.07 percent to reach at 1,272 points.
Turnover, the crucial indicator of the market, stands at BDT 2.24 billion, when the report was filed at 12:00 noon.
Doreen Power led the turnover chart with shares worth BDT 211 million changing hands till then, followed by ACI BDT 151 million, Ratanpur Steel BDT 119 million, Bangladesh Finance BDT 64 million and JMI Syringes and Medical Devices BDT 52 million.
Of the issues traded till then, 88 advanced, 166 declined and 45 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE: The port city bourse – the Chittagong Stock Exchange – (CSE) stayed negative with its Selective Category Index – CSCX –losing 18 points to stand at 10,300 points, also at 12:00 noon.
Of the issues traded till then, 44 gained, 99 declined and 19 issues remained unchanged with BDT 89 million in turnover.