Markets witness volatile trading session

Stocks witnessed volatility in early hour of trading Sunday as investors were active on both sides of trading fence amid ongoing quarterly earnings disclosure.

Following the previous two days’ positive trend, the Dhaka Stock Exchange (DSE) saw positive trend while the Chittagong Stock Exchange (CSE) opened on negative trend amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 5.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse fell 21 points at 10:45am.

After 30 minutes of trading, the DSEX fell 0.72 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 4.60 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 0.72 points or 0.01 per cent to reach at 5,842 points at 11:00am.

The two other indices also saw fractional loss till then. The DS30 index, comprising blue chips, fell 0.56 points or 0.02 per cent to reach at 2,203 points.

The DSE Shariah Index (DSES) also lost 2.78 points or 0.20 per cent to reach at 1,363 points till then.

Turnover, the important indicator of the market, stood at Tk 842 million when the report was filed at 11:00am.

Of the issues traded till then, 125 advanced, 79 declined, and 50 remained unchanged.

Beximco was the most traded stocks till then with shares worth Tk 123 million changing hands, closely followed by Keya Cosmetics Tk 103 million, Grameenphone Tk 69 million, United Power Tk 41 million, and BRAC Bank Tk 36 million.

Meanwhile, the port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with CSE All Share Price Index- CASPI-gaining 4.60 points to stand at 18,013, also at 11:00am.

The Selective Category Index – CSCX –also gained 0.62 points to stand at 10,885 points till then.

Of the issues traded till then, 28 gained, 25 declined, and 13 issues remained unchanged with Tk 35 million in turnover.

[email protected]