Retail investors are in despair as DSE witnesses volatility. BBN file photo
Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed negative trend in early hour of trading on Tuesday as risk-averse investors are booking profit on quick-gaining stocks.
Following the previous two days’ upward trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid slow trading activities.
After first 15 minutes of trading, the key index of the country’s prime bourse more than 7.0 points while the Selective Category Index of port city bourse lost 4.31 points at 10:15am when the report was filed.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE, went down by 7.23 points or 0.12 percent to stand at 5,906 points at 10:15am.
The DS30 index, comprising blue chips also fell 0.79 points or 0.03 per cent to 2,124 points.
However, the DSE Shariah Index (DSES) stayed positive till then, advancing 1.84 points or 0.14 percent to stand at 1,311 points.
Turnover, the important indicator of the market, stood at BDT 745 million when the report was filed at 10:15am.
Of the issues traded till then, 119 advanced, 56 declined and 51 remained unchanged.
The newly listed BBS Cables emerged as turnover leader with shares worth BDT 89 million changing hands, closely followed by ONE Bank BDT 54 million, City Bank BDT 39 million, IFIC Bank BDT 38 million and Uttara Finance BDT 34 million.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) saw negative till then trend with its Selective Category Index – CSCX – losing 4.31 points to stand at 11,078 points, also at 10:15am.
Of the issues traded till then, 29 gained, 28 declined and 14 issues remained unchanged with BDT 35 million in turnover.
BBN/SS/ANS
