BBN file photo

Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed downward trend in early hour of trading on Tuesday amid slow movement as investors mostly followed cautious stance.

Following the previous day’s sharp fall, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on negative note with low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse fell 3.30 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 1.22 points at 10:45am.

After 30 minutes of trading, the DSEX fell more than 7.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse shed 1.73 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 7.53 points or 0.12 per cent to reach at 5,828 points at 11:00am.

The DS30 index, comprising blue chips, fell 3.90 points or 0.18 percent to reach at 2,148 points.

The DSE Shariah Index (DSES) saw a fractional loss of 0.09 points to stand at 1,367 points till then.

Turnover, the important indicator of the market, stood at Tk 660 million when the report was filed at 11:00am.
Of the issues traded till then, 107 advanced, 82 declined and 45 remained unchanged.

CVO Petrochemicals Refinery was the most traded stocks till then with shares worth BDT 53 million changing hands, closely followed by Monno Ceramic Industries BDT 40 million, IBN Sina BDT 30 million, Gemini Sea Food BDT 25 million and Sinobangla Industries BDT 22 million.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend with CSE All Share Price Index- CASPI-losing 1.73 points to stand at 18,028, also at 11:00am.

The Selective Category Index – CSCX –also fell 1.22 points to stand at 10,881 points till then.

Of the issues traded till then, 32 gained, 26 declined and 6 issues remained unchanged with BDT 17 million in turnover.