Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed downward trend in early hour of trading on Monday as investors mostly followed cautious stance.
Following the previous day’s flat movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on negative note.
Within first 15 minutes of trading, the key index of the country’s prime bourse fell more than 4.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 12 points at 10:45am.
After 30 minutes of trading, the DSEX fell more than 18 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 43 points at 11:00am when the report was filed.
DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE, went down by 18.65 points or 032 per cent to reach at 5,703 points at 11:00am.
The two other indices also saw negative trend till then. The DS30 index, comprising blue chips, fell 6.08 points or 0.28 per cent to reach at 2,112 points.
The DSE Shariah Index (DSES) also lost 4.53 points or 0.33 per cent to reach at 1,345 points till then.
Turnover, the important indicator of the market, stood at BDT 2.96 billion when the report was filed at 11:00am.
Of the issues traded till then, 78 advanced, 121 declined and 39 remained unchanged.
The newly listed Queen South Textile was the most traded stocks till then with shares worth BDT 39 million changing hands, closely followed by Apex Foods BDT 35 million, Fortune Shoes BDT 21 million, CVO Petrochemicals BDT 20 million and SEML Lecture Equity Management Fund BDT 16 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 43 points to stand at 17,618, also at 11:00am.
The Selective Category Index – CSCX –also lost 26 points to stand at 10,637 points till then.
Of the issues traded till then, 12 gained, 41 declined and 12 issues remained unchanged with BDT 12 million in turnover.