Bangladesh
5 years ago

DSE, CSE tread water amid transport strike

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The markets witnessed slow movement in early hour of trading Monday as investors are mostly followed cautious stance amid dividend and earnings declarations.

Following the previous day’s sharp decline, the Dhaka Stock Exchange (DSE) opened on positive note while the Chittagong Stock Exchange (CSE) saw negative trend amid the ongoing 48-hour strike started on Sunday morning.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced nearly 3.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse fell 16 points at 10:45am.

After 30 minutes of trading, the DSEX fell more than 5.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse shed 31 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 5.02 points or 0.09 per cent to stand 5,207 points at 11:00am.

The DS30 index, comprising blue chips, also lost 1.66 points to reach at 1,851 points till then. The DSE Shariah Index fell 0.32 point to stand at 1,210 points.

Turnover, the important indicator of the market, stood at Tk 611 million on DSE when the report was filed at 11:00am.

Monno Ceramic Industries was the most traded stocks till then with shares worth Tk 85 million changing hands, closely followed by Intech with Tk 55 million, Libra Infusion Tk 35 million, Alif Industries Tk 30 million and Khulna Power Tk 27 million.

Of the issues traded till then, 94 advanced, 119 declined and 48 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw negative trend till then with CSE All Share Price Index- CASPI-losing 31 points to stand at 15,998 points, also at 11:00 am.

The Selective Category Index – CSCX –also lost 16 points to stand at 9,697 points till then.

Of the issues traded till then, 24 gained, 36 declined and 09 issues remained unchanged with Tk 28 million in turnover.

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