Bangladesh’s stocks open mixed trend Thursday

Last updated: January 25, 2018

Retail investors are in despair as DSE witnesses volatility. BBN file photo

Dhaka, Bangladesh (BBN)- Bangladesh’s stocks witnessed mixed trend in early hour of trading on Thursday as investors mostly followed cautious stance ahead of monetary policy announcement.

Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE) saw negative trend while Chittagong Stock Exchange (CSE) witnessed positive note at opening.

After first 15 minutes of trading, the key index of the country’s prime bourse fell 6.80 points while the CSE All Share Price Index (CAPSI) of port city’s bourse advanced 34 points at 10:45am when the report was filed.

DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE, went down by 6.80 points or 0.11 percent to reach at 6,194 points at 10:45am.

The two other indices also saw downturn till then. The DS30 index, comprising blue chips also fell 7.96 points or 0.34 percent to reach at 2,296 points.

The DSE Shariah Index (DSES) lost 1.80 points or 0.12 percent to stand at 1,429 points till then.

Turnover, the important indicator of the market, stood at Tk 214 million when the report was filed at 10:45am.

Of the issues traded till then, 56 advanced, 73 declined and 48 remained unchanged.

The top turnover chart dominated by low cap companies with Paramount Textile was the most traded stocks till then with shares worth BDT 24 million changing hands, closely followed by National Tea Company BDT 20 million, National Tubes BDT 18, Usmania Glass BDT 10 million and Invest Corporation of Bangladesh BDT 9.0 million.

CHITTAGONG STOCK EXCHANGE
However, the port city bourse – the Chittagong Stock Exchange – (CSE) saw positive trend till then with CSE All Share Price Index- CAPSI- advancing 34 points to stand at 19,184, also at 10:45am.

The Selective Category Index – CSCX –also gained 21 points to stand at 11,584 points till then.

Of the issues traded till then, 13 gained, 11 declined and 10 issues remained unchanged with BDT 2.50 million in turnover.

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