DSE, CSE mostly lower on selling spree

FE Online Report | Published: August 06, 2018 11:43:24 | Updated: August 07, 2018 10:47:54


Stocks witnessed downward trend in early hour of trading on Monday as investors are showing their selling spree on sector-wise stocks.

Following the previous day’s downward trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid low trading activities.

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Within first 15 minutes of trading, the key index of the country’s prime bourse fell more than 10 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 8.0 points at 10:45am.

After 30 minutes of trading, the DSEX fell nearly 12 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 16 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 12 points or 0.22 per cent to reach at 5,345 points at 11:00am.

The DS30 index, comprising blue chips, also fell 3.92 points to reach at 1,883 points.

The DSE Shariah Index lost 3.37 points to reach at 1,248 points till then.

Turnover, the important indicator of the market, stood at Tk 1.01 billion when the report was filed at 11:00am.

Aman Cotton Fibrous, which made trading debut today, was the most traded stocks till then with shares worth Tk 286 million changing hands, followed by Regent Textile Tk 48 million, The Peninsula Chittagong Tk 33 million, Far Chemical Tk 22 million and Fu-Wang Food Tk 20 million.

Of the issues traded till then, 108 advanced, 125 declined and 44 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw downward trend till then with CSE All Share Price Index- CASPI-shedding 16 points to stand at 16,475, also at 11:00am.

The Selective Category Index – CSCX –also lost 10 points to stand at 9,971 points till then.

Of the issues traded till then, 36 gained, 32 declined and 11 issues remained unchanged with Tk 73 million in turnover.

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