Bangladesh’s stocks down at opening

Last updated: April 5, 2017

BBN file photo

Dhaka, Bangladesh (BBN) - Bangladesh’s stocks witnessed downward trend in early trading on Wednesday as investors were on profit booking mood on sector specific stocks.
Following the previous day’s new high, both bourses -- the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower on profit booking sales.
After 15 minutes of trading, the key index of the country’s prime bourse fell 15.09 points while the Selective Category Index of port city bourse lost 15.41 points when the report was filing at 10:45am.
DHAKA STOCK EXCHANGE:
DSEX, the benchmark index of the DSE, went down by 15.09 points or 0.26 per cent to stand at 5,762 points, when the report was filed at 10:45am.
The two other indices also saw negative trend.
The DS30 index, comprising blue chips, fell 8.28 points or 0.38 per cent to reach at 2,135.37 points.
The DSE Shariah Index (DSES) declined 4.24 points or 0.32 per cent to stand at 1,318.81 points till then.
Turnover, the important indicator of the market, stands at BDT 656 million when the report was filed at 10:45 million riding on City Bank and Beximco Pharma.
City Bank dominated the turnover chart with shares worth BDT 65 million changing hands till then, closely followed by Beximco Pharma BDT 46 million, Ratanpur Steel BDT 42 million, GPH Ispat BDT 40 million and Brac Bank BDT 38 million.
Of the issues traded till then, 80 advanced, 70 declined and 42 issues remained unchanged.
CHITTAGONG STOCK EXCHANGE:
The port city bourse CSE also saw negative trend with its Selective Category Index - CSCX – losing 15.41 points to stand at 10,849 points, also at 10:45am.
Of the issues traded till then, 42 gained, 31 declined and 11 issues remained unchanged with a turnover value of BDT 32 million.
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