Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed downward trend in early trading on Sunday as cautious investors continued their selling spree on sector specific stocks.
Following the previous week’s major correction, both bourses — the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened negative amid slow trading activities.
After 15 minutes of trading, the key index of the country’s prime bourse fell 15.38 points while the Selective Category Index of port city bourse lost 12 points when the report was filing at 10:45am.
DHAKA STOCK EXCHANGE:
DSEX, the benchmark index of the DSE, went down by 15.38 points or 0.27 percent to stand at 5,630.48 points, when the report was filed at 10:45am.
The DS30 index, comprising blue chips, fell 9.41 points or 0.42 percent to reach at 2,077.91 points.
The DSE Shariah Index (DSES) lost 1.89 points or 0.15 percent to stand at 1,292.98 points till then.
Turnover, the important indicator of the market, stands at BDT 950 million when the report was filed at 10:45 million.
Evince Textile topped the turnover chart with shares worth BDT 86 million changing hands till then, closely followed by Bangladesh Building Systems BDT 85 million, Khan Brothers PP Woven Bag Industries BDT 78 million, LankaBangla Finance BDT 51 million and Paramount Textile BDT 45 million.
Of the issues traded till then, 96 advanced, 86 declined and 43 issues remained unchanged.
CHITTAGONG STOCK EXCHANGE:
The port city bourse CSE also saw downward trend with its Selective Category Index – CSCX –losing12 points to stand at 10,581 points, also at 10:45am.
Of the issues traded till then, 46 gained, 37 declined and 13 issues remained unchanged with a turnover value of BDT 45 million.