Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed downward trend in early hour of trading on Thursday as investors continued their selling spree on sector-wise stocks fearing further fall.
Following the previous day’s marginal fall, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid low trading activities.
After first 15 minutes of trading, the key index of the country’s prime bourse fell more than 23 points while the Selective Category Index of port city bourse lost 31 points at 10:45am when the report was filed.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE, went down by 23.57 points or 0.38 percent to reach at 6,085 points, when the report was filed at 10:45am.
The two other indices also saw downward trend till then. The DS30 index, comprising blue chips fell 6.42 points or 0.29 percent to reach at 2,202 points.
The DSE Shariah Index (DSES) lost 0.62 points or 0.04 percent to stand at 1,340 points.
Turnover, the important indicator of the market, stood at BDT 934 million when the report was filed at 10:45am.
Of the issues traded till then, 97 advanced, 110 declined and 41 remained unchanged.
Brac Bank led the turnover chart with shares worth BDT 119 million changing hands, followed IFAD Autos BDT 50 million, Shahjalal Bank BDT 46 million, Exim Bank BDT 45 million, and City Bank BDT 44 million.
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 31 points to stand at 11,464 points, also at 10:45am.
Of the issues traded till then, 22 gained, 32 declined and 9 issues remained unchanged with BDT 20 million in turnover.