BBN file photo

Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed sharp fall in early hour of trading on Sunday as investors mostly followed cautious stance ahead of monetary policy announcement.

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

After first 15 minutes of trading, the key index of the country’s prime bourse fell nearly 34 points while the CSE All Share Price Index (CAPSI) of port city’s bourse lost 33 points at 10:45am when the report was filed.

DSEX, the prime index of the DSE, went down by 33.82 points or 0.54 percent to reach at 6,182 points at 10:45am.

The two other indices also saw downturn till then. The DS30 index, comprising blue chips also fell 15 points or 0.65 percent to reach at 2,289 points.

The DSE Shariah Index (DSES) lost 6.66 points or 0.46 percent to stand at 1,425 points till then.

Turnover, the important indicator of the market, stood at Tk 418 million when the report was filed at 10:45am.

Of the issues traded till then, 41 advanced, 137 declined and 43 remained unchanged.

IFAD Autos was the most traded stocks till then with shares worth BDT 65 million changing hands, closely followed by Shahjibazar Power BDT 53 million, Paramount Textile BDT 24, IBN Sina BDT 22 million and Wata Chemicals BDT 14 million.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw downturn till then with CSE All Share Price Index- CAPSI- losing 33 points to stand at 19,127, also at 10:45am.

The Selective Category Index – CSCX –also lost 21 points to stand at 11,550 points till then.

Of the issues traded till then, 13 gained, 38 declined and 9 issues remained unchanged with BDT 9.0 million in turnover.