#‎Bangladesh‬ stocks plunge at opening Photo: BBN
Dhaka, Bangladesh (BBN) – Bangladesh’s stocks saw sharp decline in early hours of trading on Thursday amid continued political unrest in the country.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 45.73 points or 0.99 percent to reach at 4,539.95 points after first 30 minutes of trade when the report was filed at 11:00am.
The two others indices saw steep decline.
The DS30 index, comprising blue chips plunged 11.71 points or 0.68 percent to reach at 1,704.82 points.
The DSE Shariah Index (DSES) shed 8.70 points or 0.78 percent to stand at 1,097.29 points.
DSE turnover stands at BDT 312 million when the report was filed at 11:00am.
Of the issues traded till then, 38 advanced, 146 declined and 20 issues remain unchanged.
Shasha Denims was the most traded stocks with shares worth BDT 36 million changing hands till then followed by ACI, CVO Petrochemical, IFAD Autos and SIBL.
The port city bourse – the Chittagong Stock Exchange (CSE) – also saw downward trend in early hours of trading with its Selective Category Index – CSCX – lost 33.89 points to stand at 8,475.18 points, also at 11:00am.
Of the issues traded till then, 13 gained, 52 declined and 14 remained unchanged with a turnover value of BDT 18 million.
BBN/BB/SS-12Mar15-11:20am (BST)