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

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks continued to dip at midday on Sunday as risk-averse investors maintained their selling spree on sector specific stocks.
Following the previous two day’s mild correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened marginally lower.
Within first 30 minutes of trading, the key index of the country’s prime bourse fell 2.46 points while the Selective Category Index of port city bourse lost 2.64 points at 10:30am.
After first hour of trading, DSEX, the prime index of the DSE stands at 5,471 points, losing 4.58 per cent while the Selective Category Index of port city bourse fell 6.59 points at 11:00am.
After two hours of the trading, DSEX went down by 14.15 points, while the Selective Category Index of port city’s bourse fell 22 points when the report was filing at 12noon.
DHAKA STOCK EXCHANGE:
After first half of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) stands at 5,462 points, losing 14.15 points or 0.26 percent at 12noon.
The DS30 index, comprising blue chips fell 5.21 points or 0.25 percent to reach at 2032 points.
The DSE Shariah Index (DSES) also lost 2.90 points or 0.23 percent to reach at 1,265 points.
Turnover, the crucial indicator of the market, stands at BDT 2.21 billion, when the report was filed at 12noon.
Beximco Phrama led the turnover chart with shares worth BDT 147 million changing hands till then, closely followed by Paramount Textile BDT 136 million, Square Pharma BDT 86 million, City Bank BDT 78 million and BD Finance BDT 68 million.
Of the issues traded till then, 83 advanced, 181 declined and 46 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw downward trend with its Selective Category Index – CSCX – losing 22 points to stand at 10,2258 points, also at 12noon.
Of the issues traded till then, 41 gained, 104 declined and 31 issues remained unchanged with BDT 100 million in turnover.
BBN/SS/ANS