Bangladesh’s stocks open lower Tuesday

Last updated: March 27, 2018

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Dhaka, Bangladesh (BBN)- Bangladesh’s stocks witnessed downward trend in early hour of trading on Tuesday as investors remained followed cautious stance amid ongoing dividend declaration session.

Following the previous session’s downward trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw negative trend amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse fell more than 25 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 52 points at 10:45am.

DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE, went down by 25.05 points or 0.45 percent to reach at 5,545 points at 10:45am.

The two other indices also saw negative trend till then. The DS30 index, comprising blue chips, fell 8.32 points or 0.40 per cent to reach at 2,067 points.

The DSE Shariah Index (DSES) also lost 4.63 points or 0.35 per cent to reach at 1,315 points till then.

Turnover, the important indicator of the market, stood at Tk 167 million when the report was filed at 10:45am.

Of the issues traded till then, 44 advanced, 118 declined and 27 remained unchanged.

BBS Cables was the most traded stocks till then with shares worth BDT 14 million changing hands, closely followed by Wata Chemicals BDT 13 million, Queen South Textile BDT 10 million, BRAC Bank BDT 8.0 million and Standard Insurance BDT 7.0 million.

CHITTAGONG STOCK EXCHANGE
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw downward trend till then with CSE All Share Price Index- CASPI-losing 52 points to stand at 17,123, also at 10:45am.

The Selective Category Index – CSCX –also lost 31 points to stand at 10,344 points till then.

Of the issues traded till then, 10 gained, 37 declined and 16 issues remained unchanged with BDT 6.0 million in turnover.

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