Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed downward trend in early hour of trading on Monday, the last trading session before Eid-ul-Azha vacation.
It is the last trading day before Eid vacation as trading and official activities will remain closed on both bourses from August 21 to August 25, including weekly holidays.
Following the previous day’s sharp gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse fell nearly 9.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 33 points at 10:45am when the report was filed.
DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE, went down by 8.99 points or 0.16 percent to reach at 5,529 points at 10:45am.
The DS30 index, comprising blue chips, also fell 0.86 points to reach at 1,937 points.
However, the DSE Shariah Index (DSES) gained 1.36 points to reach at 1,252 points till then.
Turnover, the important indicator of the market, stood at BDT 438 million when the report was filed at 10:45am.
Of the issues traded till then, 124 advanced, 90 declined and 33 remained unchanged.
National Housing Finance was the most traded stocks till then with shares worth BDT 55 million changing hands, followed by LankaBangla Finance BDT 28 million; BBS cables BDT 22 million, City Bank BDT 18 million and Brac Bank BDT 15 million.
CHITTAGONG STOCK EXCHANGE
The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend till then with CSE All Share Price Index – CASPI – losing 33 points to stand at 16,972, also at 10:45am.
The Selective Category Index – CSCX – also lost 20 points to stand at 10,277 points till then.
Of the issues traded till then, 24 gained, 22 declined and 7 issues remained unchanged with BDT 16 million in turnover.