Bangladesh’s stocks dip at opening

Last updated: June 8, 2014

Dhaka, Bangladesh (BBN)-The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw sharp decline in early hours of trading on Sunday, the first trading day after the announcement of budget.

DSEX, the prime index of the DSE went down by 40.04 points or 0.91 percent to stand at 4,356.49 points after first 30 minutes of trade when the report was filed at 11:00am.

The DS30 index, comprising blue chips lost 18.08 points or 1.11 percent to reach at 1,604.86 points.

DSEX Shariah Index (DSES) down by 11.52 points or 1.52 percent to stands at 996.30 points.

DSE turnover stands at BDT 564 million when the report was filed.

Of the issues traded till then, 37 advanced, 121 declined and 22 issues remain unchanged.

Lafarge Surma Cement was the most traded stocks with shares worth BDT 92 million changing hands till then followed by Green Delta Insurance, BSRM Steels, Generation Next Fashion and GP.

The port city bourse – the CSE - also saw negative trend at opening with its Selective Category Index -- CSCX – lost 28.38 points to stand at 8,305.70 points, also at 11:00am.

Of the issues traded till then, 12 gained, 27declined and 1 remained unchanged with a turnover value of BDT 18.98 million.

BBN/BB/AS-08June14-11:20am (BST)

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