Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed steep decline in early hour of trading on Sunday, the opening trading session of the week, as investors continued on selling mood.
Both bourse – the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw sharp decline till the report was filed at 11:30am.
The key index of the DSE plunged 36.72 points, while the Selective Category Index of port city bourse fell 43.79 points within first hour of the day’s trading at 11:30am.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 36.72 points or 0.79 percent to stand at 4,599.51 points, when the report was filed at 11:30am.
The two other indices also saw steep fall till then. The DS30 index, comprising blue chips, lost 15.02 points or 0.86 percent to reach at 1,736.42 points.
The DSE Shariah Index (DSES) lost 6.50 points or 0.58 percent to stand at 1,103.31 points.
DSE turnover stands at BDT 1.40 billion when the report was filed at 11:30am, riding on Doreen Power Generations and Systems and KDS Accessories.
Of the issues traded till then, 76 advanced, 163 declined and 40 issues remained unchanged.
Doreen Power dominated the turnover chart with shares worth BDT 175 million changing hands till then, followed by KDS Accessories BDT 57 million, IFAD Autos BDT 55 million, National Tubes BDT 50 million and MJL Bangladesh BDT 45 million.
CHITTAGONG STOCK EXCHANGE:
The port city bourse CSE also saw downward trend till then with its Selective Category Index – CSCX – losing 43.79 points to stand at 8,631.58 points, also at 11:30am.
Of the issues traded till then, 36 gained, 84 declined and 20 issues remained unchanged with a turnover value of BDT 88 million.