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

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed downward trend in early trading on Sunday as risk-averse investors opted for quick-profit on sector specific shares ahead of Eid festival.
Following the previous week’s mild correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened marginally lower.
After 30 minutes of trading, the key index of the country’s prime bourse fell more than 0.21 points while the Selective Category Index of port city bourse lost 6.19 points when the report was filing at 10:30am.
DSEX, the benchmark index of the DSE, went down by 0.21 points to stand at 5,469 points, when the report was filed at 10:30am.
The DS30 index, comprising blue chips, lost 1.50 points or 0.07 percent to reach at 2030 points.
The DSE Shariah Index (DSES) also fell 0.64 points or 0.05 percent to stand at 1,263 points till then.
Turnover, the important indicator of the market, stands at BDT 616 million when the report was filed at 10:30am.
Paramount Textile led the turnover chart with shares worth BDT 95 million changing hands till then, closely followed by Nurani Dyeing BDT 80 million, BD Finance BDT 26 million, National Tea Company BDT 25 million and Saif Powertec BDT 19 million.
Of the issues traded till then, 108 advanced, 90 declined and 53 issues remained unchanged.
The port city bourse CSE also saw negative trend in early trading with its Selective Category Index – CSCX – losing 6.19 points to stand at 10,243 points, also at 10:30am.
Of the issues traded till then, 29 gained, 34 declined and 24 issues remained unchanged with a turnover value of BDT 34 million.