Retail investors are in despair as DSE witnesses volatility. BBN file photo
Dhaka, Bangladesh (BBN) - Bangladesh’s stocks witnessed sharp decline in early hour of trading on Sunday, the opening session of the week, as worried investors went on selling spree.
Both the bourses - the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) - faced steep decline in early trading amid slow trading activities.
After 15 minutes of trading, the key index of the DSE fell more than 33 points while the Selective Category Index of port city bourse lost 32 points when the report was filed at 10:45am.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 33.11 points or 0.60 percent to stand at 5,488.54 points, when the report was filed at 10:45am.
The two other indices also opened down till then.
The DS30 index, comprising blue chips, fell 8.98 points or 0.43 percent to reach at 2041.45 points.
The DSE Shariah Index (DSES) also lost 2.60 points or 0.269.64 per cent to stand at 1,297.68 points.
Turnover, the important indicator of the market, stands at only BDT 440 million when the report was filed at 10:45 million.
LankaBangla Finance dominated the turnover chart with shares worth BDT 116 million changing hands till then, followed by BDCOM Online BDT 33 million, Shahjibazar Power BDT 23 million, Ratanpur Steel BDT 22 million and Saif Powertec BDT 15 million.
Of the issues traded till then, 41 advanced, 115 declined and 26 issues remained unchanged.
CHITTAGONG STOCK EXCHANGE:
The port city bourse CSE also open lower with its Selective Category Index – CSCX –losing 33 points to stand at 10,336 points also at 10:45am.
Of the issues traded till then, 13 gained, 28 declined and 10 issues remained unchanged with a turnover value of BDT 15 million.
BBN/SS/ANS