Stock fall as investors continue to take cautious stance

FE Online Report | Published: November 06, 2018 11:38:34 | Updated: November 19, 2018 15:29:26

The prices of most of the shares on bourses witnessed downward trend in early hour of trading Tuesday as investors mostly followed cautious stance.

Following the previous four days’ correction, the Dhaka Stock Exchange (DSE) and 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 gained more than 14 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 8.0 points at 10:45am.

After 30 minutes of trading, the DSEX fell more than 3.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 5.0 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 3.33 points or 0.06 per cent to stand 5,221 points at 11:00am.

The DS30 index, comprising blue chips, also lost 1.62 points to reach at 1,846 points till then. The DSE Shariah Index also fell 0.72 points to stand at 1,204 points.

Turnover, the important indicator of the market, stood at Tk 750 million on DSE when the report was filed at 11:00am.

Khulna Power was the most traded stocks till then with shares worth Tk 82 million changing hands, followed by Pharma Aids Tk 39 million, SK Trims Tk 33 million, Intech Tk 31 million and The Peninsula Chittagong Tk 26 million.

Of the issues traded till then, 76 advanced, 142 declined and 53 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw marginal loss till then with CSE All Share Price Index- CASPI-losing 5.0 points to stand at 16,035 points, also at 11:00am.

The Selective Category Index – CSCX –also fell 4.0 points to stand at 9,710 points till then.

Of the issues traded till then, 26 gained, 43 declined and 17 issues remained unchanged with Tk 18 million in turnover.

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