Retail investors are in despair as DSE witnesses volatility. BBN file photo
Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed downward trend in early hour of trading on Wednesday as cautious investors continued their profit booking mood on sector-wise stocks.
Following the previous two days’ flat movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower with sluggish trading activities.
After first 15 minutes of trading, the key index of the country’s prime bourse fell more than 12 points while the Selective Category Index of port city bourse lost 19 points at 10:45am when the report was filed.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE, went down by 12.10 points or 0.19 percent to reach at 6,224 points, when the report was filed at 10:45am.
The two other indices also saw negative trend till then. The DS30 index, comprising blue chips fell 3.30 points or 0.14 percent to reach at 2,211 points.
The DSE Shariah Index (DSES) lost 2.56 points or 0.18 percent to stand at 1,373 points.
Turnover, the important indicator of the market, stood at BDT 630 billion when the report was filed at 10:45am.
Of the issues traded till then, 102 advanced, 63 declined and 40 remained unchanged.
The banking sector continued to dominate the turnover chart with National Bank led the chart till then with shares worth BDT 48 million changing hands, closely followed IFIC Bank BDT 46 million, Uttara Bank BDT 45 million, Exim Bank Bank BDT 37 million, and Ratanpur Steel Re-rolling Mills BDT 33 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 19 points to stand at 11,695 points, also at 10:45am.
Of the issues traded till then, 22 gained, 19 declined and 5 issues remained unchanged with BDT 20 million in turnover.
BBN/SS/ANS
