Stocks opened a mixed trend on Thursday, after the previous day’s modest correction, as investors are active on both sides of the trading fence.
Following the previous day’s mild correction, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 6.55 points or 0.09 per cent to stand at 6,778 points within the first 30 minutes of trading at 10:30 am.
The Shariah Index (DSES) also gained 0.35 points to stand at 1,466 points till then. However, the DS30 index, comprising blue chips, fell 1.39 points to reach 2,425.
Turnover, another important indicator of the market, stood at Tk 3.97 billion within the first 30 minutes of trading at 10:30 am.
Market insiders said the investors are active on both sides of the trading fence as the risk-averse investors book profit on stocks which saw a significant gain in the past few days while optimistic investors taking a position on sector-wise issues.
Of the issues traded till then, 203 advanced, 108 declined and 54 remained unchanged on the DSE trading floor till then.
LankaBangla Finance was the most traded stock till then with shares worth Tk 300 million changing hands following its half-yearly financial disclosures, followed by City General Insurance, LafargeHolcim, Genex Infosys, and Beximco.
The port city bourse – the Chittagong Stock Exchange – (CSE) saw a positive trend till then with CSE All Share Price Index- CASPI-rising 9.0 points to stand at 19,756, also at 10:30 am.
Of the issues traded till then 61 advanced, 45 declined and 29 remained unchanged with Tk 111 million in turnover.