Dhaka, Bangladesh (BBN) – Bangladesh’s stocks stayed in the downward trend at midday on Monday as cautious investors continued on selling mood.
Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened down with thin trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse fell more than 13 points while the Selective Category Index of port city bourse lost 20 points at 10:45am.
After 30 minutes of trading DSEX dropped nearly 25 points while the Selective Category Index of port city bourse fell 21 points at 11:00am.
After 90 minutes of trading, DSEX slumped nearly 38 points, while the Selective Category Index of port city bourse plunged 82 points when the report was filed at 12noon.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE stands at 6,127 points, losing 38 points or 0.61 percent at 12noon.
The two other indices also saw downward trend till then. The DS30 index, comprising blue chips fell 9.20 points or 0.42 percent to reach at 2,192 points.
The DSE Shariah Index (DSES) lost 5.0 points or 0.37 percent to reach at 1,361 points.
Turnover, the crucial indicator of the market, stands at BDT 2.55 billion, when the report was filed at 12noon.
BBS Cables topped the turnover chart till then with shares worth BDT 160 million changing hands, closely followed Jamuna Bank BDT 152 million, Shahjalal Islami Bank BDT 149 million, National Bank BDT 143 million and LankaBangla Finance BDT 78 million.
Of the issues traded till then, 127 advanced, 133 declined and 48 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw downward trend till then with its Selective Category Index – CSCX –losing 82 points to stand at 11,485 points, also at 12noon.
Of the issues traded till then, 71 gained, 74 declined and 27 issues remained unchanged with BDT 110 million in turnover.