BBN file photo

Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed negative trend in early hour of trading on Sunday as investors mostly followed cautious stance ahead of national election.

Following the previous week’s positive trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed downturn with low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse fell more than 4.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 4.0 points at 10:45am when the report was filed.

DSEX, the prime index of the DSE, went down by 4.75 points or 0.08 percent to reach at 5,301 points at 10:45am.
The DS30 index, comprising blue chips, also fell 2.12 points to stand at 1,866 points. The DSE Shariah Index (DSES) shed 1.24 points to reach at 1,226 points till then.

Turnover, the crucial indicator of the market, stood at BDT 477 million when the report was filed at 10:45am.

Of the issues traded till then, 86 advanced, 75 declined and 28 remained unchanged.

Khulna Power Company was the most traded stocks till then with shares worth BDT 55 million changing hands, closely followed by SK Trims Industries, Intech, Al-Haj Textile and National Tea Company.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw downturn till then with CSE All Share Price Index- CASPI-losing 4.0 points to stand at 16,281, also at 10:45am.

The Selective Category Index – CSCX –also fell 2.0 points to stand at 9,872 points till then.

Of the issues traded till then, 17 gained, 19 declined and 03 issues remained unchanged with BDT 15 million in turnover.