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, the prime bourse of Bangladesh, dived 6.74 points while the selective category index of Chittagong Stock Exchange, the port city bourse of the country, also dropped 11.09 points when this report was updated around 12:30pm.
DHAKA STOCK EXCHANGE:
After two hours of trading, DSEX, the prime index of the Dhaka Stock Exchange, stood at 4,640.94 points dropping 6.74 points or 0.14 per cent at 12:30pm.
However, the DS30 index, comprising blue chips, also descended 3.82 points or 0.22 per cent to reach at 1,768.74.
The DSE Shariah Index (DSES) also went down 0.67 points or 0.06 per cent to reach at 1,113.92.
Turnover on DSE stood at BDT 1.400 billion when the report was updated at 12:30pm.
Of the issues traded till then, 111advanced, 136 declined and 41 issues remained unchanged.
Aman Feed was remained the most traded stocks till then with shares BDT 95 million changing hands followed by Miracle Industries, KDS Accessories Ltd, United Airways, CVO Petrochemical Refinery Limited and C & A Textiles Limited.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also continued negative trend during the two hours of trading as its Selective Category Index – CSCX – shedded 11.09 points to stand at 8,625 at 12:30pm.
Of the issues traded till then, 81 gained, 73 declined and 23 issues remained unchanged with a turnover value of BDT 141.29 million.
BBN/SK/ANS