Bangladesh’s stocks witness volatility at midday Tuesday

BBN file photo

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed volatility at midday on Tuesday as investors are active both sides of trading fence.

Following the previous four days’ correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed marginally higher amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse gained more than 14 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 8.0 points at 10:45am.

After 30 minutes of trading, the DSEX fell more than 3.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 5.0 points at 11:00am.

After 90 minutes of trading, DSEX advanced more than 5.0 points while the CSE All Shares Price Index fell 33 points at 12:00 noon, when the report was filed.

DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE stands at 5,230 points, gaining 5.66 points or 0.10 percent at 12:00 noon.

The DS30 index, comprising blue chips, also advanced 1.14 points to reach at 1,849 points till then.

The DSE Shariah Index (DSES) gained 1.33 points to stand at 1,206 points till then.

Turnover, the crucial indicator of the market, stands at BDT 1.74 billion when the report was filed at 12:00 noon.
Khulna Power Company was the most traded stocks till then with shares worth BDT 211 million changing hands, closely followed by VFS Thread Dyeing BDT 85 million, United Power BDT 84 million, SK Trims Tk 80 million, and Pharma Aids BDT 59 million.

Of the issues traded till then, 124 advanced, 135 declined and 58 issues remained unchanged on the DSE trading floor.

CHITTAGONG STOCK EXCHANGE
However, the port city’s bourse – the Chittagong Stock Exchange – (CSE), saw negative trend till then with CSE All Shares Price Index of port city’s bourse–losing 33 points to stand at 15,998 points, also at 12:00 noon.

The Selective Categories Index of the port city bourse also shed 20 points to reach at 9,690 points till then.

Of the issues traded till then, 50 gained, 90 declined and 30 issues remained unchanged with BDT 48 million in turnover.

BBN/SSR/SR

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