Bangladesh’s stocks tumble at opening

Last updated: February 1, 2015

Dhaka, Bangladesh (BBN)-The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) plunged in the early hours of trading on Sunday amid ongoing political turmoil across Bangladesh.
DSEX, the prime index of the DSE, went down by 52.65 points or 1.11 percent to reach at 4,671.39 points after first 30 minutes of trade when the report was filed at 11:00am.
The DS30 index, comprising blue chips lost 21.31 points or 1.21 percent to reach at 1,726.44 points.
The DSE Shariah Index (DSES) shed 12.75 points or 1.14 percent to stand at 1,102.93 points.
DSE turnover stands at BDT 216 million when the report was filed.
Of the issues traded till then, 8 advanced, 164 declined and 19 issues remain unchanged.
Lafarge Surma Cement was the most traded stocks with shares worth BDT 17.68 million changing hands till then followed by C&A Textiles, Altex Industries, SPCL and CVO Petrochemical.
The port city bourse – the CSE – also saw downward trend in early hours of trading with its Selective Category Index – CSCX – lost 37.68 points to stand at 8,698.34 points, also at 11:00am.
Of the issues traded till then, 5 gained, 55 declined and 11 remained unchanged with a turnover value of BDT 12.28 million.
BBN/BB/ANS-1Feb15-11:10am (BST)

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