midday business round up

Bangladesh’s stocks dip at opening

Last updated: August 31, 2015

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed downward trend in early hour of trading on Monday, the second session of the week.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 14.89 points or 0.31 percent to reach at 4,776.06, after first 30 minutes of trade, when the report was filed at 11:00am.
The DS30 index, comprising blue chips, lost 7.13 points or 0.38 percent to stand at 1,828.27.
The DSE Shariah Index (DSES) shed 3.85 points or 0.32 percent to reach at 1,177.94.
DSE turnover stands at only BDT 280 million when the report was filed at 11:00am as investors mostly remained cautious.
Of the issues traded till then, 49 advanced, 127 declined and 45 issues remained unchanged.
SinoBangla Industries was the most traded stocks till then with shares worth BDT 20 million changing hands followed by Titas Gas, Khan Brothers PP Woven Bags, CVO Petrochemicals and Lafarge Surma Cement.
The port city bourse – the Chittagong Stock Exchange (CSE) – also saw downturn in early hour of trading with its Selective Category Index – CSCX – lost 16.21points to stand at 8,916.10, also at 11:00am.
Of the issues traded till then, 24 gained, 55 declined and 11 issues remained unchanged with a turnover value of BDT 15 million.
BBN/BB/AI

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