Dhaka, Bangladesh (BBN)-Bangladesh’s stocks saw steep fall in early hour of trading on Wednesday, maintaining the previous day’s fall.
Both the market, the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, nosedived at the beginning with volatility.
The key index of Dhaka Stock Exchange (DSE) declined 16.83 points, while the port city bourse, selective catagory index of Chittagong Stock Exchange (CSE) dropped 21.86 points after 15 minutes of the day’s trading.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 16.83 points or 0.39 per cent to stand at 4,265.03 points, when the report was filed at 10:45am.
The DS30 index, comprising blue chips, fell 10.02 points or 0.60 per cent to reach at 1,636.98 points.
The DSE Shariah Index (DSES) also lost 5.14 points or 0.49 per cent to reach at 1,039.61 points.
DSE turnover stands at BDT 302 million when the report was filed at 10:45am.
Of the issues traded till then, 47 advanced, 125 declined and 37 issues remained unchanged.
Primer Cement dominated the turnover chart with shares worth BDT 35 million changing hands, followed by BSRM, Eastern Lubricants, MJL BD and jamuna Oil.
The port city bourse also saw downward trend at opening with its Selective Category Index- CSCX– shedding 21.86 point to stand at 7993.44 points, also at 10:45am.
Of the issues traded till then, 20 gained, 45 declined 11 issues remained unchanged with a turnover value of BDT 17.40 million.