Bangladesh’s stocks open lower

Last updated: April 17, 2017

BBN file photo

Dhaka, Bangladesh (BBN) - Bangladesh’s stocks witnessed downward trend in early trading on Monday as cautious investors continued their selling spree on sector specific stocks.
Following the previous day’s major correction, both bourses -- the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened negative amid slow trading activities.
After 15 minutes of trading, the key index of the country’s prime bourse fell 9.88 points while the Selective Category Index of port city bourse lost 4.91 points when the report was filing at 10:45am.
DHAKA STOCK EXCHANGE:
DSEX, the benchmark index of the DSE, went down by 9.88 points or 0.17 per cent to stand at 5,582.94 points, when the report was filed at 10:45am.
The DS30 index, comprising blue chips, fell 6.72 points or 0.32 per cent to reach at 2,052.98 points.
The DSE Shariah Index (DSES) lost 2.24 points or 0.17 per cent to stand at 1,284.52 points till then.
Turnover, the important indicator of the market, stands at BDT 806 million when the report was filed at 10:45 million.
LankaBangla Finance topped the turnover chart with shares worth BDT 153 million changing hands till then, closely followed by Doreen Power BDT 96 million, Central Pharmaceuticals BDT 70 million, Ratanpur Steel BDT 58 million and BDCOM Online BDT 48 million.
Of the issues traded till then, 73 advanced, 72 declined and 46 issues remained unchanged.
CHITTAGONG STOCK EXCHANGE:
The port city bourse CSE also saw downward trend with its Selective Category Index - CSCX –losing 4.91 points to stand at 10,497 points, also at 10:45am.
Of the issues traded till then, 37 gained, 24 declined and 11 issues remained unchanged with a turnover value of BDT 27 million.
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