Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed downward trend in early trading on Sunday, the opening trading session of the week, as worried investors were active on selling spree.
Following the previous week’s major correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid low turnover value.
After 15 minutes of trading, the key index of the country’s prime bourse fell nearly 20 points while the Selective Category Index of port city bourse 25 points when the report was filing at 10:45am.
DHAKA STOCK EXCHANGE: DSEX, the benchmark index of the DSE, went down by 19.76 points or 0.36 percent to stand at 5,380 points, when the report was filed at 10:45am.
The DS30 index, comprising blue chips, fell 5.0 points or 0.25 percent to reach at 1987 points.
The DSE Shariah Index (DSES) also lost 3.68 points or 0.29 percent to stand at 1,252 points till then.
Turnover, the important indicator of the market, stands at BDT 550 million when the report was filed at 10:45 million.
IFAD Autos led the turnover chart with shares worth BDT 120 million changing hands till then, followed by Paramount Textile BDT 60, Shahjibazar Power BDT 25 million, LankaBangla Finance BDT 21 million and Zaheen Spinning BDT 20 million.
Of the issues traded till then, 58 advanced, 122 declined and 46 issues remained unchanged.
CHITTAGONG STOCK EXCHANGE: The port city bourse CSE also saw downward trend in early trading with its Selective Category Index – CSCX – losing 25 points to stand at 10,098 points, also at 10:45am.
Of the issues traded till then, 14 gained, 36 declined and 12 issues remained unchanged with a turnover value of BDT 15 million.