Dhaka, Bangladesh (BBN) – Bangladesh stocks witnessed negative trend amid slow movement in early trading Thursday as investors mostly followed cautious stance amid poor quarterly earnings declarations.
Following the previous 11 days’ 302 points correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw negative trend amid increasing turnover, riding on newly listed issue.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 2.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 5.0 points at 10:45am.
After 30 minutes of trading, the DSEX fell 0.50 point while the CSE All Share Price Index (CASPI) of port city’s bourse shed 18 points at 11:00am when the report was filed.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE, went down by 0.50 points to reach at 5,511 points at 11:00am.
The DS30 index, comprising blue chips, also fell 0.69 points or 0.03 percent to reach at 2,054 points.
However, the DSE Shariah Index (DSES) advanced 1.34 points or 0.10 percent to reach at 1,292 points till then.
Turnover, the important indicator of the market, stood at BDT 568 million when the report was filed at 11:00am.
Of the issues traded till then, 92 advanced, 80 declined and 60 remained unchanged.
Intraco Refueling Station, which made trading debut today, was the most traded stocks till then with shares worth BDT 186 million changing hands, followed by Bangladesh Steel Re-rolling Mills, BDT 52 million, Queen South Textile BDT 42 million, Monno Ceramic BDT 33 million and Monno Jute Stafllers BDT 22 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 18 points to stand at 17,000, also at 11:00am.
The Selective Category Index – CSCX – also fell 10 points to stand at 10,277 points till then.
Of the issues traded till then, 21 gained, 29 declined and 12 issues remained unchanged with BDT 105 million in turnover.