Dhaka, Bangladesh (BBN)- Bangladesh’s stocks continued its nosedive trend from opening to midday trading on Sunday.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and the Chittagong Stock Exchange, the port city bourse of the country, plunged after nearly two hours of trading with volatility, on the first session of the week.
Key index of Dhaka Stock Exchange dipped 23.24 points while the selective category index of Chittagong Stock Exchange shaded 45.67 points when this report was updated around 12:30pm.
After nearly two hours of trading, DSEX, the prime index of the Dhaka Stock Exchange stood at 4,478.92 points shedding 23.24 points or 0.52 per cent at 12:30pm.
However, the DS30 index, comprising blue chips, also went down8.62 points or 0.50 per cent to reach at 1,702.74.
The DSE Shariah Index (DSES) also lost 5.46 points or 0.50 per cent to reach at 1,079.02.
Turnover on DSE stood at BDT 1.489 billion when the report was updated at 12:30pm.
Of the issues traded till then, 63 advanced, 192 declined and 37 issues remained unchanged.
The IFAD Autos was remained the most traded stocks with shares BDT 177.34 million changing hands followed by KDS Accessories LTd, Saif Power, Bangladesh Steel Re-Rolling Mills Limited, Quasem Drycells and BSRM Steels Ltd.
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend after more than two hours of trading as its Selective Category Index – CSCX – dipped 45.67 points to stand at 8,322.19 when this report was updated at 12:30pm.
Of the issues traded till then, 50 gained, 125 declined and 16 issues remained unchanged with a turnover value of BDT 94.46 million.