Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed negative trend in early trading on Monday as risk-averse investors continued their selling spree on sector specific stocks.
Following the previous day’s mild correction, both bourses — the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid slow trading activities.
After 15 minutes of trading, the key index of the country’s prime bourse fell 5.17 points while the Selective Category Index of port city bourse lost 7.38 points when the report was filing at 10:45am.
DHAKA STOCK EXCHANGE:
DSEX, the benchmark index of the DSE, went down by 5.17 points or 0.09 percent to stand at 5,528.27 points, when the report was filed at 10:45am.
The DS30 index, comprising blue chips, fell 1.82 points or 0.08 percent to reach at 2,031.60 points.
The DSE Shariah Index (DSES) also lost 0.95 points or 0.07 percent to stand at 1,277.06 points till then.
Turnover, the important indicator of the market, stands at BDT 473 million when the report was filed at 10:45 million.
Argon Denims led the turnover chart with shares worth BDT 66 million changing hands till then, closely followed by Doreen Power BDT 33 million, National Feed Mills BDT 23 million, Summit Alliance Port BDT 22 million and Olympic Accessories BDT 20 million.
Of the issues traded till then, 83 advanced, 61 declined and 42 issues remained unchanged.
CHITTAGONG STOCK EXCHANGE:
The port city bourse CSE also saw negative trend with its Selective Category Index – CSCX – losing 7.38 points to stand at 10,390 points, also at 10:45am.
Of the issues traded till then, 23 gained, 21 declined and 17 issues remained unchanged with a turnover value of BDT 20 million.