BBN file photo

Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed sharp decline in early hour of trading on Sunday as investors went on selling spree on large-cap stocks.

Following the previous week’s one of the biggest weekly fall in two years, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw sharp decline amid low trading activities.

After first 15 minutes of trading, the key index of the country’s prime bourse fell more than 28 points while the CSE All Share Price Index (CAPSI) of port city’s bourse lost 25 points at 10:45am when the report was filed.

DSEX, the prime index of the DSE, went down by 28.83 points or 0.48 percent to reach at 5,992 points at 10:45am.

The two other indices also saw downturn till then. The DS30 index, comprising blue chips also fell 10 points or 0.45 percent to reach at 2,218 points.

The DSE Shariah Index (DSES) lost 5.48 points or 0.39 percent to stand at 1,391 points till then.

Turnover, the important indicator of the market, stood at Tk 160 million when the report was filed at 10:45am.

Of the issues traded till then, 39 advanced, 104 declined and 29 remained unchanged.

Monno Ceramic was the most traded stocks till then with shares worth BDT 25 million changing hands, closely followed by Alif Industries BDT 19 million, GSP Finance BDT 12 million, LankaBangla Finance BDT 11 million andNational Tubes BDT 10 million.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw downturn till then with CSE All Share Price Index- CAPSI- losing 25 points to stand at 18,598, also at 10:45am.

The Selective Category Index – CSCX –also lost 15 points to stand at 11,235 points till then.

Of the issues traded till then, 7 gained, 16 declined and 2 issues remained unchanged with BDT 4.0 million in turnover.