Stocks turn positive amid see-saw

The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) turned to positive zone after early hours of extreme volatility on Tuesday. After the first two hours of day’s trading, DSEX, the prime index of DSE, went up by 13.87 points or 0.30 per cent to 4,556.14, when the report was filed at 12:30pm. The DS30 index, comprising blue chips, gained 9.80 points or 0.56 per cent to 1,757.97. The DSE Shariah Index (DSES) advanced 2.61 points or 0.24 per cent to reach 1,105.79 points. DSE turnover stood at Tk2.54 billion when the report was filed. Of the issues traded till then, 137 advanced, 104 declined and 48 remained unchanged. United Airways was remained the most traded stocks with shares worth Tk382 million changing hands followed by Beximco, KPCL, Summit Power and ACI Formulations. The port city bourse – CSE— also saw positive trend after the two hours with its Selective Category Index -- CSCX – gaining 35.58 points to 8,495.17, also at 12:30pm. Of the issues traded till then, 101 gained, 65 declined and 23 remained unchanged with a turnover value of Tk255 million.