Dhaka, Bangladesh (BBN) – Bangladesh’s stocks maintained the downward trend at midday on Wednesday as investors continued their selling spree on large-cap stocks.
Following the previous day’s upward trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed downward trend in early trading amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse fell more than 41 points while the CSE All Share Price Index (CAPSI) of port city’s bourse lost 30 points at 10:45am.
After 30 minutes of trading, the DSEX fell more than 18 points while the CSE All Share Price Index (CAPSI) of port city’s bourse lost 22 points at 11:00am.
After 90 minutes of trading, DSEX fell 32 points while the CSE All Shares Price Index shed 67 points at 12:0noon when the report was filed.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE stands at 5,917 points, losing 32 points or 0.53 percent at 12noon.
The two other indices also saw downturn till then. The DS30 index, comprising blue chips lost 11 points or 0.49 percent to reach at 2,205 points.
The DSE Shariah Index (DSES) fell 6.35 points or 0.46 percent to stand at 1,379 points till then.
Turnover, the crucial indicator of the market, stands at BDT 1.20 billion, when the report was filed at 12noon.
LankaBangla Finance was the most traded stocks till then with shares worth BDT 120 million changing hands, closely followed by Usmania Glass BDT 112 million, Alif Industries BDT 66 million, Pharma Aids BDT 62 million and City Bank BDT 59 million.
Of the issues traded till then, 69 advanced, 196 declined and 43 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw downturn till then with CSE All Shares Price Index of port city’s bourse – losing 67 points to stand at 18,306 points, also at 12noon.
The Selective Categories Index of the port city bourse also lost 43 points to reach at 11,059 points till then.
Of the issues traded till then, 31 gained, 88 declined and 12 issues remained unchanged with BDT 55 million in turnover.