Dhaka, Bangladesh (BBN) – Bangladesh’s stocks plunged at early trading on Sunday as investors are selling stocks to book profit on sector-wise issues.
Following the previous week’s upward trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid slow turnover activities.
After first 15 minutes of trading, the key index of the country’s prime bourse fell 5.32 points while the Selective Category Index of port city bourse lost 8.26 points at 10:45am when the report was filed.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE, went down by 5.32 points or 0.08 percent to reach at 6,100 points, when the report was filed at 10:45am.
The two other indices also saw negative trend till then. The DS30 index, comprising blue chips also fell 0.32 points or 0.01 percent to reach at 2,201 points.
The DSE Shariah Index (DSES) fell 0.12 points to stand at 1,329 points.
Turnover, the important indicator of the market, stood at BDT 652 million when the report was filed at 10:45am.
Of the issues traded till then, 93 advanced, 104 declined and 46 remained unchanged.
Shahjalal islami Bank was the most traded stocks till then with shares worth BDT 92 million changing hands, closely followed by Power Grid Company BDT 38 million, BBS Cables BDT 31 million, Orion Infusions BDT 30 million and Western Marine Shipyard BDT 26 million.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) saw negative trend till then with its Selective Category Index – CSCX –losing 8.26 points to stand at 11,429 points, also at 10:45am.
Of the issues traded till then, 25 gained, 37 declined and 14 issues remained unchanged with BDT 21 million in turnover.