BBN file photo
Dhaka, Bangladesh (BBN) - Bangladesh’s stocks witnessed downward trend in early trading on Wednesday as cautious investors opted for quick-profit on sector specific shares.
Following the previous six days’ positive trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened marginally lower amid low trading activities.
After 30 minutes of trading, the key index of the country’s prime bourse fell more than 8.0 points while the Selective Category Index of port city bourse fell 4.93 points when the report was filing at 10:30am.
DHAKA STOCK EXCHANGE:
DSEX, the benchmark index of the DSE, went down by 8.32 points or 0.15 percent to stand at 5,492 points, when the report was filed at 10:30am.
The DS30 index, comprising blue chips, lost 3.48 points or 0.16 percent to reach at 2044 points.
The DSE Shariah Index (DSES) also fell 2.42 points or 0.19 percent to stand at 1,271 points till then.
Turnover, the important indicator of the market, stands at BDT 551 million when the report was filed at 10:30am.
Argon Denims led the turnover chart with shares worth BDT 62 million changing hands till then, closely followed by MJL Bangladesh BDT 42 million, LankaBangla Finance BDT 31 million, Paramount Textile BDT 30 million and Shahjibazar Power BDT 29 million.
Of the issues traded till then, 73 advanced, 82 declined and 61 issues remained unchanged.
CHITTAGONG STOCK EXCHANGE:
The port city bourse CSE also saw negative trend in early trading with its Selective Category Index - CSCX – losing 4.93 points to stand at 10,326 points, also at 10:30am.
Of the issues traded till then, 24 gained, 32 declined and 16 issues remained unchanged with a turnover value of BDT 23 million.
BBN/SS/ANS