Dhaka, Bangladesh (BBN)-Bangladesh’s stocks extended its downward trend to the midday that began at the opening on Sunday.
Both the Dhaka Stock Exchange (DSE), the prime bourse of Bangladesh, and Chittagong Stock Exchange (CSE), the port city bourse of the country, began the day with negative trend in the first trading day of the week.
Brokers said, the market plunged as investors failed to predict the future.
The key index of Dhaka Stock Exchange shedded 26.27 points while the selective category index of Chittagong Stock Exchange also dropped 53.92 points when this report was updated around 12:30pm.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 26.27 points or 0.59 per cent to stand at 4,420.018 points, when the report was filed at 12:38pm.
The DS30 index, comprising blue chips, fell 10.74 points or 0.63per cent to stand at 1,682.56 points.
The DSE Shariah Index (DSES) also dropped 3.48
points or 0.32 per cent to reach at 1,076.97 points.
DSE turnover stands at BDT 1.67 billion when the report was filed at 12:38pm.
Of the issues traded till then, 60 advanced, 193 declined and 42 issues remained unchanged.
Keya Cosmetics was the most traded stocks till then with shares BDT 167 million changing hands followed by LankaBangla Finance ltd, Aman feed, CMC Kamal, Summit Power and AFC Agro Biotech Ltd.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – selective catagory index of the Chittagong Stock Exchange (CSE) also saw negative trend with its Selective Category Index- CSCX– falling 53.92 points to stand at 8,269.14 points, also at 12:34pm.
Of the issues traded till then, 31 gained, 126 declined 27 issues remained unchanged with a turnover value of BDT 138 million.
BBN/SK/AD