Stocks witnessed mixed trend in early trading on Thursday as investors are waiting for tax review issue.
Following the previous two days’ modest gain, the Dhaka Stock Exchange (DSE) saw negative trend while the Chittagong Stock Exchange (CSE) witnessed positive trend in early trading with trading activities remained low.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 6.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 25 points at 10:45am.
After that the DSEX started to decline. After 30 minutes of trading, the DSEX fell more than 4.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 41 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went down by 4.80 points or 0.08 per cent to stand 5,406 points at 11:00am.
The DS30 index, comprising blue chips, also fell 1.14 points to reach at 1,896 points till then. The DSE Shariah Index also shed 1.12 points to stand at 1,233 points.
Turnover, the important indicator of the market, stood at Tk 872 million on DSE when the report was filed at 11:00am.
United Power was the most traded stocks till then with shares worth Tk 166 million changing hands, closely followed by Rupali Life Insurance, JMI Syringes, National Life Insurance and Meghna Life Insurance.
Of the issues traded till then, 99 advanced, 135 declined and 55 remained unchanged on the DSE trading floor.
The port city’s bourse – the Chittagong Stock Exchange – (CSE) saw positive trend till then with CSE All Share Price Index- CASPI-advancing 41 points to stand at 16,607 points, also at 11:00am.
The Selective Category Index – CSCX –also gained 25 points to stand at 10,064 points till then.
Of the issues traded till then, 48 advanced, 37 declined 10 issues remained unchanged with Tk 13 million in turnover.