BBN file photo

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed slightly lower in early hour of trading on Wednesday as most of the investors followed cautious stance amid poor earnings disclosures.

Following the previous 10 days’ 265 points correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened marginally lower amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse fell 0.58 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 10 points at 10:45am when the report was filed.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the DSE, went down by 0.58 points or 0.01 percent to reach at 5,548 points at 10:45am.

The DS30 index, comprising blue chips, fell 1.66 points or 0.08 percent to reach at 2,070 points.

The DSE Shariah Index (DSES) also lost 0.79 points or 0.06 per cent to reach at 1,299 points till then.

Turnover, the important indicator of the market, stood at BDT 300 million when the report was filed at 10:45am.

Of the issues traded till then, 100 advanced, 43 declined and 50 remained unchanged.

Western Marine Shipyard was the most traded stocks till then with shares worth BDT 58 million changing hands, closely followed by Queen South Textile BDT 34 million, Legacy Footwear BDT 26 million, Monno Ceramic BDT 19 million and Dragon Sweater BDT 16 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 10 points to stand at 17,117 also at 10:45am.

The Selective Category Index – CSCX – also fell 6.0 points to stand at 10,347 points till then.

Of the issues traded till then, 13 gained, 11 declined and 4 issues remained unchanged with Tk 6.0 million in turnover.

BBN/SS/ANS