BBN file photo

Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed downturn at midday on Monday, the opening day after Eid holidays, as some investors went on selling binge on sector-wise stocks.

Trading and official activities on the bourses remained closed from June 13 to June 17 on the occasion of the Eid-ul-Fitr, the biggest religious festival of the Muslims.

The presence of the investors is also thin on the trading floor as many investors are yet to resume businesses in Dhaka after enjoying Eid holidays in rural areas.

The trading on the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) started at 10:30 am and continued till 2:30 pm.

Following the previous day’s upward movement, the DSE and the CSE opened higher but turnover remains low.

Within 15 minutes of trading, the key index of the country’s prime bourse advanced 6.74 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 7.24 points at 10:45am.

After 30 minutes of trading, the DSEX fell slightly by 1.22 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 3.29 points at 11:00am.

After 90 minutes of trading, DSEX lost more than 13 points while the CSE All Shares Price Index fell 38 points at 12:00 noon when the report was filed.

DHAKA STOCK EXCHANGE

DSEX, the prime index of the DSE stands at 5,352 points, losing 13.13 points at 12:00 noon.

The DS30 index, comprising blue chips, also lost 9.0 points or to reach at 1,949 points till then.

However, the DSE Shariah Index (DSES) gained 2.08 points to stand at 1,240 points till then.

Turnover, the crucial indicator of the market, stands at BDT 1.93 billion, when the report was filed at 12:00 noon.

Alif Industries was the most traded stocks till then with shares worth BDT 184 million changing hands, closely followed by GP BDT 140 million, Khulna Power Compnay BDT 131 million, United Power BDT 94 million and Pharma Aids BDT 85 million.

Of the issues traded till then, 122 advanced, 131 declined and 39 issues remained unchanged on the DSE trading floor.

CHITTAGONG STOCK EXCHANGE
The port city bourse – the Chittagong Stock Exchange – (CSE) saw downturn till then with CSE All Shares Price Index of port city’s bourse– losing 38 points to stand at 16,466 points, also at 12:00 noon.

The Selective Categories Index of the port city bourse also gained 34 points to reach at 9,955 points till then.

Of the issues traded till then, 42 gained, 50 declined and 14 issues remained unchanged with BDT 40 million in turnover.

BBN/SSR/SR