Dhaka, Bangladesh (BBN)– Bangladesh’s stocks maintained the downward trend at midday on Sunday as most of the investors remained followed cautious stance amid ongoing quarterly earnings declaration.
The market opened at 10:00am instead of 10:30am and will continue till 2:00pm instead of 2:30pm as the bourses rescheduled the trading hours during holy month of Ramadan.
Following the previous 12 days’ correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid low trading activities.
Within first 45 minutes of trading, the key index of the country’s prime bourse fell 13 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 45 points at 10:45am when the report was filed.
After first hour of trading, the DSEX fell more than 15 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 62 points at 11:00am when the report was filed.
After first two hours of trading, the DSEX fell more than 18 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 74 points at 12:00 noon when the report was filed.
DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE stands at 5,424 points, losing 18.54 points at 12:00 noon.
The DS30 index, comprising blue chips, fell 5.77 points or 0.28 percent to reach at 2,019 points till then.
The DSE Shariah Index (DSES) also lost 3.58 points or 0.28 per cent to stand at 1,274 points till then.
Turnover, the crucial indicator of the market, stands at BDT 2.0 billion, when the report was filed at 12:00 noon.
Legacy Footwear was the most traded stocks till then with shares worth BDT 95 million changing hands, closely followed by BSRM BDT 78 million, Queen South Textile BDT 70 million, Monno Ceramic BDT 58 million and Advent Pharma BDT 56 million.
Of the issues traded till then, 85 advanced, 176 declined and 49 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 CSE All Shares Price Index of port city’s bourse – losing 74 points to stand at 16,730 points, also at 12:00 noon.
The Selective Categories Index of the port city bourse also lost 44 points to reach at 10,115 points till then.
Of the issues traded till then, 41 gained, 78 declined and 22 issues remained unchanged with BDT 62 million in turnover.