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Stocks witnessed positive trend at midday on Tuesday as investors are active both sides of trading fence.
Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 15 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 25 points at 10:45am.
After 30 minutes of trading, the DSEX advanced more than 37 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 32 points at 11:00 am when the report was filed.
After that it started to decline as some investors booking profits. After two and a half hours of trading, DSEX posted only 4.72 points gain while the CSE All Shares Price Index advanced 37 points at 1:00 pm when the report was filed.
DSEX, the prime index of the DSE, went up by 4.72 points or 0.08 per cent to stand 5,840 points at 11:00 am.
The DSE Shariah Index also advanced 1.0 point to stand at 1,327 points.
However, the DS30 index, comprising blue chips, fell 2.73 points to reach at 2023 points till then.
Turnover, the important indicator of the market, stood at Tk 7.10 billion on DSE when the report was filed at 1:00 pm.
Khulna Power was the most traded stocks till then with shares worth Tk 274 million changing hands, closely followed by Olympic Industries, FAS Finance and Al-Haj Textile.
Of the issues traded till then, 151 advanced, 150 declined and 39 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 Share Price Index- CASPI-advancing 37 points to stand at 17,922 points, also at 1:00pm.
The Selective Category Index – CSCX –also gained 25 points to stand at 10,825 points till then.
Of the issues traded till then, 108 gained, 106 declined and 34 issues remained unchanged with Tk 213 million in turnover.