BBN file photo

Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed downward trend in early hour of trading on Tuesday as cautious investors are on selling mood.

Following the previous day’s correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened marginally lower amid low trading activities.

Within first 30 minutes of trading, the key index of the country’s prime bourse fell nearly 7.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost more than 4.0 points at 10:30am when the report was filed.

DSEX, the prime index of the DSE, went down by 6.98 points or 0.12 percent to reach at 5,410 points at 10:30am.

The DS30 index, comprising blue chips, fell 2.42 points to reach at 2009 points. The DSE Shariah Index (DSES) also lost 0.80 points to reach at 1,256 points till then.

Turnover, the important indicator of the market, stood at Tk 645 million when the report was filed at 10:30am.
Of the issues traded till then, 72 advanced, 100 declined and 48 remained unchanged.

Intraco Refueling Station was the most traded stocks till then with shares worth BDT 81 million changing hands, closely followed by Advent Pharma BDT 51 million, Miracle Indutsries BDT 45 million, Queen South Textile BDT 42 million and Safko Spinning BDT 37 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 4.35 points to stand at 16,737 points, also at 10:30am.

The Selective Category Index – CSCX –also fell 2.48 points to stand at 10,129 points till then.

Of the issues traded till then, 22 gained, 25 declined and 9 issues remained unchanged with BDT17 million in turnover.