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The prime index of the main bourse—DSEX—fell below 5,600-mark in early trading on Tuesday as most of the investors are selling shares amid low confidence to the market.
Following the previous day’s sharp decline, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower with sluggish trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 12 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 15 points at 10:45am.
After that it started to decline. After 30 minutes of trading, the DSEX fell more than 13 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 30 points at 11:00am when the report was filed.
The DSEX index went down by 13.63 points or 0.24 per cent, dipping below 5,600-mark to 5,591 points at 11:00am.
The DS30 index, comprising blue chips, also lost 10.86 points to reach at 2007 points till then. The DSE Shariah Index also shed 1.74 points to stand at 1,281 points.
Turnover, the important indicator of the market, stood at Tk 722 million on DSE when the report was filed at 11:00am.
BATBC was the most traded stocks till then with shares worth Tk 102 million changing hands, closely followed by Dutch-Bangla Bank, United Power, Marico and Reckitt Benckiser.
Of the issues traded till then, 125 advanced, 98 declined and 56 remained unchanged on the DSE trading floor.
The port city’s bourse–the Chittagong Stock Exchange–also saw downward trend till then with CSE All Share Price Index- CASPI-losing 30 points to stand at 17,114 points, also at 11:00am.
The Selective Category Index – CSCX –also fell 18 points to stand at 10,373 till then.
Of the issues traded till then, 25 gained, 23 declined and 11 issues remained unchanged with Tk 10 million in turnover.