BBN file photo

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks stayed in the positive trend at midday on Tuesday as some optimistic investors continued to show their buying spree on lucrative prices.

Following the previous seven days correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed positive trend at opening amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 10 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 12 points at 10:45am.

After 30 minutes of trading, the DSEX advanced 15 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 16 points at 11:00am.

After 90 minutes of trading, DSEX advanced more than 12 points while the CSE All Shares Price Index rose 38 points at 12:00 noon when the report was filed.

DSEX, the prime index of the DSE stands at 5,229 points, advancing 12 points or 0.22 percent at 12:00 noon.

The DS30 index, comprising blue chips, also gained 0.94 points to reach at 1,843 points.

The DSE Shariah Index (DSES) also rose 2.99 points to stand at 1,204 points till then.

Turnover, the crucial indicator of the market, stands at BDT 1.13 billion when the report was filed at 12:00 noon.

The low-cap companies dominated the turnover chart with Meghna Life Insurance was the most traded stocks till then with shares worth Tk 74 million changing hands, closely followed by IFAD Autos, Western Marine Shipyard, United Power and Sunlife Insurance.

Of the issues traded till then, 156 advanced, 96 declined and 67 issues remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw positive trend till then with CSE All Shares Price Index of port city’s bourse–advancing 38 points to stand at 16,066 points, also at 12:00 noon.

The Selective Categories Index of the port city bourse also gained 24 points to reach at 9,721 points till then.

Of the issues traded till then, 70 gained, 44 declined and 25 issues remained unchanged with BDT 38 million in turnover.