Retail investors are in despair as DSE witnesses volatility. BBN file photo
Dhaka, Bangladesh (BBN)- Bangladesh’s stocks witnessed downward trend at midday on Sunday as investors went for selling on sector-wise stocks.
Following the previous two days’ positive trend, the Dhaka Stock Exchange (DSE) saw positive trend while the Chittagong Stock Exchange (CSE) opened on negative trend amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 5.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse fell 21 points at 10:45am.
After 30 minutes of trading, the DSEX fell 0.72 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 4.60 points at 11:00am.
After 90 minutes of trading, DSEX lost more than 7.0 points while the CSE All Shares Price Index fell 18 points at 12:00 noon when the report was filed.
DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE stands at 5,836 points, losing 7.06 points or 0.12 percent at 12:00 noon.
The two other indices also saw negative trend till then. The DS30 index, comprising blue chips, fell 5.71 points or 0.26 percent to reach at 2,198 points.
The DSE Shariah Index (DSES) lost 5.22 points or 0.38 percent to stand at 1,360 points till then.
Turnover, the crucial indicator of the market, stands at BDT 2.16 billion, when the report was filed at 12:00 noon.
Beximco was the most traded stocks till then with shares worth BDT 223 million changing hands, closely followed by Al-Arafah Islami Bank BDT 172 million, BRAC Bank BDT 171 million, Keya Cosmetics BDT 128 million and Grameenphone BDT 120 million.
Of the issues traded till then, 137 advanced, 119 declined and 60 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw downward trend till then with CSE All Shares Price Index of port city’s bourse – losing 18 points to stand at 17,990 points, also at 12:00 noon.
The Selective Categories Index of the port city bourse also lost 14 points to reach at 10,870 points till then.
Of the issues traded till then, 59 gained, 76 declined and 23 issues remained unchanged with BDT 90 million in turnover.
BBN/SSR/SR