BBN file photo
Dhaka, Bangladesh (BBN)- Bangladesh’s stocks witnessed downward trend in early hour of trading on Sunday as most of investors remained followed cautious stance amid poor earnings disclosures.
Following the previous 12 days’ correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse fell 13 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 45 points at 10:45am when the report was filed.
After 30 minutes of trading, the DSEX fell more than 15 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 62 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went down by 15.88 points or 0.29 per cent to reach at 5,427 points at 11:00am.
The two other indices also saw downward trend till then. The DS30 index, comprising blue chips, fell 0.39 points or 0.02 per cent to reach at 2,025 points.
The DSE Shariah Index (DSES) lost 1.77 points or 0.13 per cent to reach at 1,275 points till then.
Turnover, the important indicator of the market, stood at Tk 964 million when the report was filed at 11:00am.
Of the issues traded till then, 68 advanced, 160 declined and 45 remained unchanged.
Legacy Footwear was the most traded stocks till then with shares worth BDT 55 million changing hands, closely followed by Queen South Textile BDT 54 million, BSRM BDT 53 million, Intraco Refueling BDT 37 million and Monno Ceramic BDT 34 million.
The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend till then with CSE All Share Price Index- CASPI-losing 62 points to stand at 16,742, also at 11:00am.
The Selective Category Index – CSCX –also fell 36 points to stand at 10,122 points till then.
Of the issues traded till then, 30 gained, 67 declined and 10 issues remained unchanged with BDT 34 million in turnover.
BBN/SSR/SR