Dhaka, Bangladesh (BBN) – Bangladesh’s stocks saw downward trend in early hour of trading on Wednesday as cautious investors went on selling shares of sector-wise stocks ahead of year-closing.
Following the previous two days’ marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened with negative trend with low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse fell more than 3.0 points while the CSE All Shares Price Index of port city bourse lost 5.30 points at 10:45am.
After first 30 minutes of trading, the key index of the country’s prime bourse lost 8.14 points while the CSE All Shares Price Index of port city bourse shed 10 points at 11:00am when the report was filed.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE, went down by 8.14 points or 0.13 percent to reach at 6,221 points, when the report was filed at 11:00am.
The DS30 index, comprising blue chips also fell 4.80 points or 0.21 percent to reach at 2,239 points.
However, the DSE Shariah Index (DSES) gained 0.69 points or 0.05 percent to stand at 1,371 points.
Turnover, the important indicator of the market, stood at BDT 644 million when the report was filed at 11:00am.
Of the issues traded till then, 115 advanced, 90 declined and 54 remained unchanged.
National Tubes was the most traded stocks till then with shares worth BDT 92 million changing hands, closely followed by Alif Manufacturing Company BDT 68 million, Rupali Bank BDT 33 million, Rupali Life Insurance BDT 31 million Olympic Accessories BDT 27 million.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend till then with its All Shares Price Index, CAPSI – losing 10 points to stand at 19,282, also at 11:00am.
The Selective Categories Index of the port city bourse also lost 7.0 points to reach at 11,652 points till then.
Of the issues traded till then, 30 gained, 26 declined and 12 issues remained unchanged with BDT 22 million in turnover.