Dhaka, Bangladesh (BBN)-Bangladesh’s stocks extended its downward trend to the midday that began at the opening on Thursday.
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 last trading day of the week.
Brokers said, the market plunged as investors failed to predict the future.
The key index of Dhaka Stock Exchange dropped 15.86 points while the selective category index of Chittagong Stock Exchange also shedded 24.47 points when this report was updated around 12:30pm.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 15.86 points or 0.37 per cent to stand at 4,302.59 points, when the report was filed at 12:31pm.
The DS30 index, comprising blue chips, fell 5.32 points or 0.32 per cent to reach at 1,668.21 points.
The DSE Shariah Index (DSES) lost 5.61 points or 0.53 per cent to reach at 1,056.88 points.
DSE turnover stands at only BDT 1.32 billion when the report was filed at 12:31pm.
Of the issues traded till then, 99 advanced, 135 declined and 55 issues remained unchanged.
Linde BD dominated the turnover chart with shares worth BDT 129 million changing hands, followed by United Power, Bangladesh Steel Re-rolling Mills, Bangladesh Shipping Corporation, Doreen Power, and Shahjibazar Power Co. Ltd.
CHITTAGONG STOCK EXCHANGE:
The port city bourse also saw downturn at opening with its Selective Category Index- CSCX– losing 24.47 points to stand at 8,046.82 points, also at 12:24pm.
Of the issues traded till then, 58 gained, 90 declined 25 issues remained unchanged with a turnover value of BDT 62 million.
BBN/SK/AD