Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed downward trend in early hour of trading Thursday as many investors followed cautious stance ahead of divided declarations.
Following the previous two days’ marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid low trading activities.
Within first 30 minutes of trading, the key index of the country’s prime bourse fell nearly 12 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 48 points at 11:00am when the report was filed.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE, went down by 11.86 points or 0.19 percent to reach at 6,090 points at 11:00am.
The two other indices also saw negative trend till then. The DS30 index, comprising blue chips fell 5.28 points or 0.23 percent to reach at 2,245 points.
The DSE Shariah Index (DSES) lost 1.10 points or 0.08 percent to stand at 1,409 points till then.
Turnover, the important indicator of the market, stood at BDT 788 million when the report was filed at 11:00am.
Of the issues traded till then, 81 advanced, 131 declined and 45 remained unchanged.
Unique Hotel & Resorts was the most traded stocks till then with shares worth BDT 101 million changing hands, followed by Monno Ceramic BDT 38 million, Beximco Pharma BDT 36 million, Fu-Wang Food BDT 34 million and Pharma Aids BDT 26 million.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend till then with CSE All Share Price Index – CASPI – falling 48 points to stand at 18,883, also at 11:00am.
The Selective Category Index – CSCX – also lost 29 points to stand at 11,359 points till then.
Of the issues traded till then, 22 gained, 67 declined and 7 issues remained unchanged with BDT 28 million in turnover.