Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed downward trend in early hour of trading on Wednesday, the fourth session of the week as investors were on selling mood.

Both bourse – the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw sharp decline till the report was filed at 11am.

The key index of the DSE plunged 22.44 points, while the Selective Category Index of port city bourse fell 20.32 points within 30 minutes of the day’s trading at 11am.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 22.44 points or 0.48 percent to stand at 4,659.43 points, when the report was filed at 11am.

The two other indices also saw steep fall till then. The DS30 index, comprising blue chips, lost 5.14 points or 0.29 percent to reach at 1,753.11 points.

The DSE Shariah Index (DSES) lost 3.88 points or 0.34 percent to stand at 1,114.28 points.

DSE turnover stands at BDT 1.03 billion when the report was filed at 11am, riding on Doreen Power Generations and Systems and KDS Accessories.

Of the issues traded till then, 64 advanced, 150 declined and 39 issues remained unchanged.

Doreen Power dominated the turnover chart with shares worth BDT 112 million changing hands till then, followed by KDS Accessories BDT 81 million, JMI Syringe BDT 60 million, Fortune Shoes BDT 54 million and Singer Bangladesh BDT 45 million.

CHITTAGONG STOCK EXCHANGE:

The port city bourse CSE also saw downward trend till then with its Selective Category Index – CSCX – losing 20.32 points to stand at 8,736.20 points, also at 11am.

Of the issues traded till then, 30 gained, 64 declined and 13 issues remained unchanged with a turnover value of BDT 40 million.

BBN/AD/SR