Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed downward trend in early hour of trading on Wednesday, maintaining the previous day’s fall, as cautious investors went on selling spree.
Following the previous two days’ decline, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) started the day on downward trend amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse fell nearly 24 points while the CSE All Share Price Index (CAPSI) of port city’s bourse lost 16 points at 10:45am when the report was filed.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE, went down by 24 points or 0.42 percent to reach at 5,625 points at 10:45am.
The two other indices also saw downturn till then. The DS30 index, comprising blue chips also fell 7.88 points or 0.37 percent to reach at 2,094 points.
The DSE Shariah Index (DSES) lost 4.0 points or 0.30 percent to stand at 1,330 points till then.
Turnover, the important indicator of the market, stood at BDT 145 million when the report was filed at 10:45am.
Of the issues traded till then, 45 advanced, 90 declined and 38 remained unchanged.
Square Pharmaceuticals was the most traded stocks till then with shares worth BDT 24 million changing hands, closely followed by Doreen Power BDT 23 million, Monno Ceramic BDT 12 million, Queen South Textile BDT 9.0 million and CAPM IBBL Islamic Mutual Fund BDT 7.0 million.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw downward trend till then with CSE All Share Price Index – CAPSI – losing 16 points to stand at 17,433, also at 10:45am.
The Selective Category Index – CSCX – also lost 10 points to stand at 10,530 points till then.
Of the issues traded till then, 12 gained, 22 declined and 13 issues remained unchanged with BDT 7.0 million in turnover.