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Stocks on both bourses witnessed mixed trend in early hour of trading on Thursday as most of the investors followed cautious stance ahead of monetary policy announcement.
Many investors also followed “wait-and-see” strategy amid ongoing quarterly earnings declarations, brokers said.
Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE) opened on negative note while Chittagong Stock Exchange (CSE) saw positive trend in early trading.
Within first 15 minutes of trading, the key index of the country’s prime bourse fell 6.80 points while the CSE All Share Price Index (CAPSI) of port city’s bourse advanced 34 points at 10:45am.
After 30 minutes of trading, the key index of the DSE lost more than 10 points while the CSE All Share Price Index (CAPSI) stayed positive zone with 19 points gain at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went down by 10.04 points or 0.16 per cent to reach at 6,190 points at 11:00am.
The two other indices also saw negative trend till then. The DS30 index, comprising blue chips, fell 9.02 points or 0.39 per cent to reach at 2,295 points.
The DSE Shariah Index (DSES) also lost 4.02 points or 0.28 per cent to 1,427.
Turnover, the important indicator of the market, stood at only Tk 372 million when the report was filed at 11:00am.
Of the issues traded till then, 78 advanced, 95 declined and 59 remained unchanged.
The state-run company Usmania Glass was the most traded stocks till then with shares worth Tk 26 million changing hands, closely followed by Paramount Textile Tk 25 million, National Tea Company Tk 24 million, National Tubes Tk 23 million, and Monno Ceramic Tk 12 million.
CHITTAGONG STOCK EXCHANGE:
However, the port city bourse – the Chittagong Stock Exchange – (CSE) saw positive trend till then with CSE All Share Price Index- CAPSI- advancing 19 points to stand at 19,169, also at 11:00am.
The Selective Category Index – CSCX –also gained 11 points to stand at 11,574 points till then.
Of the issues traded till then, 24 gained, 25 declined and 17 issues remained unchanged with Tk 9.0 million in turnover.