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The capital market witnessed downward trend in early hour of trading Wednesday as risk-averse investors on booking profits on sector-wise stocks.
Following the previous two days’ sharp gain, the Dhaka Stock Exchange (DSE) saw downward trend while the Chittagong Stock Exchange (CSE) witnessed marginally higher amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse fell more than 7.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 5.0 points at 10:45am.
After 30 minutes of trading, the DSEX fell more than 8.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 0.51 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went down by 8.76 points or 0.16 per cent to stand 5,290 points at 11:00am.
The DS30 index, comprising blue chips, also lost 4.20 points to reach at 1,872 points till then. The DSE Shariah Index fell 2.16 points to stand at 1,224 points.
Turnover, the important indicator of the market, stood at Tk 930 million on DSE when the report was filed at 11:00am.
Khulna Power was the most traded stocks till then with shares worth Tk 135 million changing hands, followed by Advent Pharma Tk 36 million, Queen South Textile Tk 34 million, SK Trims Tk 33 million and VFS Tread Dyeing Tk 30 million.
Of the issues traded till then, 122 advanced, 101 declined and 46 remained unchanged on the DSE trading floor.
The port city’s bourse – the Chittagong Stock Exchange – (CSE), also negative trend till then with CSE All Share Price Index- CASPI-losing 0.51 points to stand at 16,227 points, also at 11:00am.
The Selective Category Index – CSCX –also lost 1.10 points to stand at 9,838 points till then.
Of the issues traded till then, 36 gained, 32 declined and 10 issues remained unchanged with Tk 30 million in turnover.