Bangladesh’s stocks witness volatility at opening

Last updated: May 15, 2017

Retail investors are in despair as DSE witnesses volatility. BBN file photo

Dhaka, Bangladesh (BBN)- Bangladesh’s stocks witnessed volatility in early trading on Monday, the second trading session of the week, as most of the investors followed cautious stance.
Following the previous six days’ correction, the Dhaka Stock Exchange (DSE) opened lower while the Chittagong Stock Exchange (CSE) saw positive trend at opening.
After 15 minutes of trading, the key index of the country’s prime bourse fell 1.95 points while the Selective Category Index of port city bourse advanced 4.30 points when the report was filing at 10:45am.
DHAKA STOCK EXCHANGE: DSEX, the benchmark index of the DSE, went down by 1.95 points or 0.03 percent to stand at 5,458 points, when the report was filed at 10:45am.
The DS30 index, comprising blue chips, fell 2.12 points or 0.11 percent to reach at 2,016 points.
The DSE Shariah Index (DSES) also lost 0.56 points or 0.04 percent to stand at 1,269 points till then.
Turnover, the important indicator of the market, stands at BDT 300 million when the report was filed at 10:45 million.
LankaBangla Finance led the turnover chart with shares worth BDT 57 million changing hands till then, followed by Fareast Finance BDT 41 million, Doreen Power BDT 16 million, Ratanpur Steel BDT 13 million and Exim Bank BDT 12 million.
Of the issues traded till then, 85 advanced, 41 declined and 36 issues remained unchanged.
CHITTAGONG STOCK EXCHANGE: However, the port city bourse CSE saw positive trend in early trading with its Selective Category Index - CSCX – advancing 4.30 points to stand at 10,255 points, also at 10:45am.
Of the issues traded till then, 15 gained, 10 declined and 4 issues remained unchanged with a turnover value of BDT 7.0 million.

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