Bangladesh’s stocks plunge at opening

Last updated: May 20, 2015

Dhaka, Bangladesh (BBN)-Bangladesh’s capital market nosedived in the early hours of trading on Wednesday, breaking the previous days’ gaining trend.
DSEX, the prime index of the DSE, went down by 29.01 points or 0.65 per cent to 4,430.26, after first 30 minutes of trade when the report was filed at 11:00am.
The two other indices also saw negative trend.
The DS30 index, comprising blue chips lost 12.10 points or 0.71 per cent to 1,674.33 points.
The DSE Shariah Index (DSES) shed 5.19 points or 0.48 per cent to stand at 1,078.55 points.
DSE turnover stood at Tk 1.38 billion when the report was filed.
Of the issues traded till then, 56 advanced, 150 declined 36 remained unchanged.
Khulna Power Company Ltd (KPCL) was the most traded stocks with shares worth Tk 117 million changing hands followed by United Air, BSCCL, Saif Powertec and RAK Ceramics.
The port city bourse – CSE – also saw negative trend in early hours of trading with its Selective Category Index - CSCX - losing 28.49 points to stand at 8,375.61 points, also at 11:00am.
Of the issues traded till then, 30 gained, 62 declined and 11 remained unchanged with a turnover value of Tk 124m.

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