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DSE, CSE see downturn amid sluggish turnover

FE Online Report | Published: May 14, 2019 11:49:14 | Updated: May 20, 2019 11:11:05


The prices of most of the shares on bourses witnessed downward trend in early trading on Tuesday as risk-averse investors continued their selling binge.

Following the previous day’s fall, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw negative trend after first hour of trading despite first 30 minutes was in positive territory.

Within first 30 minutes of trading, the key index of the country’s prime bourse advanced 15 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 18 points at 10:30am.

After first hour of trading, the DSEX fell more than 8.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 32 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 8.46 points or 0.16 per cent to reach at 5,239 points at 11:00am.

The DS30 index, comprising blue chips, also fell 2.82 points to reach at 1,833 points till then. The DSE Shariah Index also shed 2.43 points to stand at 1,207 points.

Turnover, the important indicator of the market, stood at Tk 513 million on DSE when the report was filed at 11:00am.

Of the issues traded till then, 98 advanced, 136 declined and 61 remained unchanged on the DSE trading floor.

Fortune Shoes was the most traded stocks till then with shares worth Tk 35 million changing hands, closely followed by Legacy Footwear, Bangladesh Shipping Corporation, Jamuna Bank and Esquire Knit Composite.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend till then with CSE All Share Price Index- CASPI-shedding 32 points to stand at 16,022 points, also at 11:00am.

The Selective Category Index – CSCX –also lost 20 points to stand at 9,701 till then.

Of the issues traded till then, 25 gained, 52 declined and 22 issues remained unchanged with Tk 64 million in turnover.

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