BBN file photo

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed downward trend in early hour of trading on Thursday as some investors went on selling spree amid ongoing quarterly earnings and dividend declarations.

Following the previous sessions’ sharp fall, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on negative trend amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse fell more than 8.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 0.26 points at 10:45am when the report was filed.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the DSE, went down by 8.67 points or 0.15 percent to reach at 5,730 points at 10:45am.

The DS30 index, comprising blue chips, also lost 0.32 points or 0.01 percent to reach at 2,143 points.

The DSE Shariah Index (DSES) shed 0.94 points or 0.07 per cent to reach at 1,325 points till then.

Turnover, the important indicator of the market, stood at BDT 462 million when the report was filed at 10:45am.

Of the issues traded till then, 108 advanced, 50 declined and 36 remained unchanged.

Queen South Textile was the most traded stocks till then with shares worth BDT 67 million changing hands, closely followed by Beximco BDT 56 million, Navana CNG BDT 36 million, HR Textile BDT 25 million and AB Bank BDT 21 million.

CHITTAGONG STOCK EXCHANGE:

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend till then with CSE All Share Price Index – CASPI – losing 0.26 points to stand at 17,693, also at 10:45am.

The Selective Category Index – CSCX – also fell 0.13 points to stand at 10,697 points till then.

Of the issues traded till then, 22 gained, 16 declined and 4 issues remained unchanged with BDT 14 million in turnover.

BBN/SS/ANS