Retail investors are in despair as DSE witnesses volatility. BBN file photo

Dhaka, Bangladesh (BBN)– Bangladesh’s stocks stayed downward trend at midday on Monday as cautious investors continued on selling binge on sector-wise stocks.

Following the previous day’s flat movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on negative note.

Within first 15 minutes of trading, the key index of the country’s prime bourse fell more than 4.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 12 points at 10:45am.

After 30 minutes of trading, the DSEX fell more than 18 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 43 points at 11:00am.

After 90 minutes of trading, DSEX plunged more than 46 points while the CSE All Shares Price Index lost 130 points at 12:00noon when the report was filed.

DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE stands at 5,675 points, losing 46.20 points at 12:00 noon.

The DS30 index, comprising blue chips, fell 16.70 points or 0.78 percent to reach at 2,102 points.

The DSE Shariah Index (DSES) lost 9.53 points or 0.70 percent to stand at 1,340 points till then.

Turnover, the crucial indicator of the market, stands at BDT 3.70 billion, when the report was filed at 12:00 noon.

Queen South Textile was the most traded stocks till then with shares worth BDT 70 million changing hands, followed by Fortune Shoes BDT 57 million, Apex Foods BDT 46 million, Fine Foods BDT 42 million and Wata Chemicals BDT 36 million.

Of the issues traded till then, 62 advanced, 205 declined and 43 issues remained unchanged on the DSE trading floor.

CHITTAGONG STOCK EXCHANGE

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend till then with CSE All Shares Price Index of port city’s bourse –losing 130 points to stand at 17530 points, also at 12:00 noon.

The Selective Categories Index of the port city bourse also lost 80 points to reach at 10,583 points till then.

Of the issues traded till then, 29 gained, 99 declined and 13 issues remained unchanged with BDT 46 million in turnover.

BBN/SSR/SR