Dhaka, Bangladesh (BBN) – Bangladesh’s stocks tumbled at the opening, shedding last two days’ positive trend on Wednesday.
Both the Dhaka Stock Exchange (DSE), the prime bourse of Bangladesh, and Chittagong Stock Exchange (CSE), the port city bourse of the country, began the day with negative trend in the fourth trading day of the week.
The key index of DSE plunged 18.78 points while the selective index of the CSE dipped 19.30 points after first 20 minutes of trade.
DSEX, the benchmark index of the Dhaka Stock Exchange, went down by 18.78 points or 0.40 per cent to reach at 4,638.86 after first 20 minutes of the day’s trading when this report was filed at 10:50am.
The DS30 index, comprising blue chips, also dropped 9.96 points or 0.56 per cent to stand at 1,756.88.
The DSE Shariah Index (DSES) reduced 7.16 points or 0.64 per cent to reach at 1,108.35.
Turnover also remained negative and DSE turnover stands at BDT 366.95 million when the report was filed at 10:50am.
Of the issues traded till then, 59 advanced, 75 declined and 35 issues remained unchanged.
Lafarge Surma Cement was the most traded stocks till then with shares BDT 91.44 million changing hands followed by KDS Accessories Limited, United Air, Shahjibazar Power Co Ltd, Aman Feed and Investment Corporation of Bangladesh.
The port city bourse – the Chittagong Stock Exchange (CSE) – also saw negative trend with its Selective Category Index – CSCX – descending 19.30 points to stand at 8,636.06 at 10:50am.
Of the issues traded till then, 21 gained, 40 declined and 10 issues remained unchanged with a turnover value of BDT 28.48 million.