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DSE sees downturn, CSE gains in early trading

FE Online Report | Published: September 01, 2019 11:41:15 | Updated: September 03, 2019 10:54:26


Investors monitoring stock price movements on computer screens at a brockerage house in the capital — FE/Files

The prices of most of the shares on country's prime bourse witnessed a downward trend in early hour of trading on Sunday as investors mostly followed cautious stance.

Following the previous week’s major correction, the Dhaka Stock Exchange (DSE) saw a downtrend while the Chittagong Stock Exchange (CSE) opened on positive note.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse initially advanced more than 14 points while the CSE All Share Price Index of port city’s bourse rose 35 points at 10:45am.

Since then the DSEX started to decline. After 30 minutes of trading, DSEX fell more than 6.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 19 points at 11:00am when the report was filed.

The DSEX went down by 6.86 points or 0.13 per cent to stand at 5,088 points at 11:00am.

The DS30 index, comprising blue chips fell 1.98 points to 1798 points while the DSE Shariah Index (DSES) lost 0.38 point to stand at 1,183 points till then.

Turnover, the important indicator of the market, stood at Tk 605 million when the report was filed at 11:00am.

Of the issues traded till then, 104 advanced, 120 declined, and 63 remained unchanged.

National Polymer was the most traded stocks till filing of this report with shares worth Tk 53 million changing hands following its corporate declaration, followed by Wata Chemicals, Monno Jute Stafflers, Monno Ceramic, and Doreen Power.

The Chittagong Stock Exchange, however, saw a positive trend with the CASPI gaining 19 points to stand at 15,600 points, also at 11:00am.

The Selective Category Index (CSCX)  also rose 11 points to stand at 9,469 points till then.

Of the issues traded till then, 34 advanced, 23 declined, and 17 remained unchanged with Tk 19 million in turnover.

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