BBN file photo
Dhaka, Bangladesh (BBN) - Bangladesh’s stocks witnessed downward trend in early trading on Wednesday as cautious investors continued their selling binge on sector specific stocks.
Following the previous five days’ correction, both bourses -- the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) started lower amid slow trading activities.
After 15 minutes of trading, the key index of the country’s prime bourse fell 6.22 points while the Selective Category Index of port city bourse lost 23.46 points when the report was filing at 10:45am.
DHAKA STOCK EXCHANGE:
DSEX, the benchmark index of the DSE, went down by 6.22 points or 0.12 per cent to stand at 5,676.54 points, when the report was filed at 10:45am.
The DS30 index, comprising blue chips, fell 2.20 points or 0.10 per cent to reach at 2,105.48 points.
However, the DSE Shariah Index (DSES) gained 1.67 points or 0.12 per cent to stand at 1,302.07 points till then.
Turnover, the important indicator of the market, stands at BDT 614 million when the report was filed at 10:45 million.
IFIC Bank topped the turnover chart with shares worth BDT 105 million changing hands till then, followed by Evince Textiles BDT 55 million, Tung Hai Knitting and Dyeing BDT 45 million, Paramount Textile BDT 29 million and Golden Harvest Agro Industries BDT 28 million.
Of the issues traded till then, 90 advanced, 53 declined and 54 issues remained unchanged.
CHITTAGONG STOCK EXCHANGE:
The port city bourse CSE also saw negative trend with its Selective Category Index - CSCX –losing 23.46 points to stand at 10,652 points, also at 10:45am.
Of the issues traded till then, 21 gained, 15 declined and 12 issues remained unchanged with a turnover value of BDT 15 million.
BBN/SK/AD