Investors in dejection as Bangladesh's stocks plunge. BBN file photo
Dhaka, Bangladesh (BBN)- Bangladesh’s stocks stayed downward trend at midday on Sunday as worried investors continued their selling spree on sectors specific stocks.
Following the previous week’s major correction, the key index of the country’s prime bourse fell 20 points within first 15 minutes of trading at 10:45am.
After 30 minutes of trading, the DSEX stands at 5375 points, losing 24 points while the Selective Category Index of port city bourse fell 26 points at 11:00am.
At 12:00 noon, the DSEX went down by nearly 42 points while the Selective Category Index of port city bourse lost 68 points when the report was filing.
DHAKA STOCK EXCHANGE
After one and a half hours of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE) stands at 5,358 points, shedding 41.68 points or 0.77 percent when the report was filing at 12:00 noon.
The DS30 index, comprising blue chips also fell 9.18 points or 0.46 percent to reach at 1983 points.
The DSE Shariah Index (DSES) lost 7.58 points or 0.60 percent to reach at 1,248 points.
Turnover, the crucial indicator of the market, stands at BDT 1.69 billion, when the report was filed at 12:00 noon.
IFAD Autos led the turnover chart with shares of BDT 235 million changing hands till then, followed by Paramount Textile BDT 94 million, LankaBangla BDT 55 million, Bangladesh Shipping Corporation BDT 44 million and Doreen Power BDT 43 million.
Of the issues traded till then, 53 advanced, 208 declined and 31 issues remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend with its Selective Category Index – CSCX –losing 68 points to stand at 10,056 points, also at 12:00 noon.
Of the issues traded till then, 33 gained, 114 declined and 11 issues remained unchanged with BDT 76 million in turnover.
BBN/SSR/SR