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Stocks failed to keep the positive trend at midday on Sunday as risk-averse investors started selling shares on sector-wise issues.
Following the previous week’s sharp correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with rising trading activities.
Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse advanced more than 16 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 35 points at 10:45am.
After 30 minutes of trading, the DSEX gained more than 14 points while the CASPI of Chattogram bourse advanced 15 points at 11:00am.
However, after 90 minutes of trading, the DSEX fell more than 15 points while the CASPI lost 69 points at 12:00 noon when the report was filed.
The DSEX stood at 5,805 points, shedding 15.95 points or 0.27 per cent at 12:00 noon.
The DS30 index, comprising blue chips, also fell 8.26 points to reach at 1999 points. The DSE Shariah Index (DSES) lost 2.45 points to stand at 1,308 points till then.
Turnover, the crucial indicator of the market, stood at Tk 4.06 billion at 12:00 noon.
Bangladesh Submarine Cable Company was the most traded stocks till then with shares worth Tk 580 million changing hands, closely followed by, United Power, Khulna Power, GP, and Eastland Insurance.
Of the issues traded till then, 145 advanced, 154 declined, and 39 issues remained unchanged on the DSE trading floor.
The Chittagong Stock Exchange also saw a negative trend till then the CASPI of port city’s bourse losing 69 points to stand at 17,821 points, also at 12:00 noon.
The Selective Categories Index of the port city bourse also fell 41 points to reach at 10,776 points till then.
Of the issues traded till then, 61 gained, 113 declined, and 20 issues remained unchanged with Tk 163 million in turnover.