Dhaka, Bangladesh (BBN)- The prices of most of the shares on both bourses witnessed downward trend in early hour of trading on Sunday, first session after announcement of national budget, as investors went on selling spree.
Following the previous week’s positive movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower with low turnover trading activities.
Within first 30 minutes of trading, the key index of the country’s prime bourse fell more than 23 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 26 points at 10:30am when the report was filed.
DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE, went down by 23.75 points or 0.44 percent to reach at 5,343 points at 10:30am.
The DS30 index, comprising blue chips, fell 10 points to reach at 1967 points.
The DSE Shariah Index (DSES) also lost 5.04 points to reach at 1,233 points till then.
Turnover, the important indicator of the market, stood at BDT 672 million when the report was filed at 10:30am.
Of the issues traded till then, 86 advanced, 102 declined and 38 remained unchanged.
Libra Infusion was the most traded stocks till then with shares worth BDT 43 million changing hands, closely followed by Monno Ceramic BDT 37 million, Rahim Textile BDT 35 million, Usmania Glass BDT 33 million and Phrama Aid BDT 30 million.
CHITTAGONG STOCK EXCHANGE
The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw downward trend till then with CSE All Share Price Index- CASPI-losing 41 points to stand at 16,508, also at 10:30am.
The Selective Category Index – CSCX –also fell 26 points to stand at 9,986 points till then.
Of the issues traded till then, 20 gained, 23 declined and 4 issues remained unchanged with BDT 12 million in turnover.
BBN/SSR/SR