BBN file photo

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks turned downward trend at midday on Monday as risk-averse investors were booking profit on sector specific stocks.
After reaching the premier bourse’s core index record high in the previous session, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened with a positive note amid increasing turnover.
Within first 15 minutes of trading, the key index of the country’s prime bourse rose 12 points while the Selective Category Index of port city bourse advanced 5.60 points at 10:45am.
Since then, it started to decline as cautious investors opted for profit taking.
After 30 minutes of trading, DSEX fell 4.82 points while the Selective Category Index of port city bourse lost 31 points at 11:00am when the report was filed.
After two hours of trading, DSEX, the prime index of the DSE fell nearly 9.0 points, while the Selective Category Index of port city bourse lost 18 points when the report was filed at 12:30pm.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE) stands at 5,836 points, losing 8.90 points or 0.15 percent at 12:30pm.
The DSE Shariah Index (DSES) also fell 2.72 points or 0.20 percent to reach at 1,325 points.
However, the DS30 index, comprising blue chips stayed positive till then, advancing 2.06 points or 0.09 percent to reach at 2135 points.
Turnover, the crucial indicator of the market, stands at BDT 6.04 billion, when the report was filed at 12:30pm.
Confidence Cement was the most traded stocks till then with shares worth BDT 378 million changing hands, closely followed by IFAD Autos BDT 360 million, Bangladesh Building Systems BDT 258 million, Simtex Industries BDT 255 million and Keya Cosmetics BDT 205 million.
Of the issues traded till then, 92 advanced, 185 declined and 46 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) turned negative trend till then with its Selective Category Index – CSCX –losing 18 points to stand at 10,934 points, also at 12:30pm.
Of the issues traded till then, 66 gained, 138 declined and 29 issues remained unchanged with BDT 320 in turnover.
BBN/SS/ANS