Bangladesh’s stocks witness negative trend at opening

Last updated: September 19, 2017

BBN file photo

Dhaka, Bangladesh (BBN) - Bangladesh’s stocks witnessed negative trend in early hour of trading on Tuesday as cautious investors continued their profit booking mood on sector-wise stocks.

Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower with rising trading activities.

After first 15 minutes of trading, the key index of the country’s prime bourse fell more than 6.0 points while the Selective Category Index of port city bourse lost 10 points at 10:45am when the report was filed.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the DSE, went down by 6.08 points or 0.09 percent to reach at 6,230 points, when the report was filed at 10:45am.

The DS30 index, comprising blue chips also fell 2.36 points or 0.10 percent to reach at 2,215 points.

However, the DSE Shariah Index (DSES) advanced 0.31 points or 0.02 percent to stand at 1,381 points.

Turnover, the important indicator of the market, stood at BDT 760 billion when the report was filed at 10:45am.

Of the issues traded till then, 118 advanced, 64 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 143 million changing hands, followed Lafarge Surma Cement BDT 47 million, Exim Bank BDT 46 million, Al-Arafah Islami Bank BDT 45 million, and First Security Islami Bank BDT 39 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 10 points to stand at 11,708 points, also at 10:45am.

Of the issues traded till then, 19 gained, 25 declined and 13 issues remained unchanged with BDT 27 million in turnover.

BBN/SS/ANS

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