Bangladesh
5 years ago

Stocks fall in early trading; DSEX dips below 5,600-mark

Published :

Updated :

The prime index of the main bourse fell below 5,600-mark in early trading on Thursday as most of the investors are selling shares amid low confidence to the market.

Following the previous day’s modest correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower with low trading activities.

Within first 30 minutes of trading, the key index of DSE fell 5.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 10 points at 10:45am.

After first hour of trading, the DSEX fell more than 18 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 14 points at 11:30am when the report was filed.

DSEX, the prime index of the DSE, went down by 18.52 points or 0.33 per cent, dipping below 5,600-mark to 5,582 points at 11:30am.

The DS30 index, comprising blue chips, also lost 4.92 points to reach at 2000 points till then. The DSE Shariah Index also shed 4.23 points to stand at 1,285 points.

Turnover, the important indicator of the market, stood at Tk 1.03 billion on DSE when the report was filed at 11:30am.

Alif Industries was the most traded stocks till then with shares worth Tk 80 million changing hands, closely followed by Monno Ceramic, Eastern Lubricants, Dutch-Bangla Bank and BATBC.

Of the issues traded till then, 95 advanced, 182 declined and 44 remained unchanged on the DSE trading floor.

The port city’s bourse –Chittagong Stock Exchange–also saw downward trend till then with CSE All Share Price Index- CASPI-losing 24 points to stand at 17,142 points, also at 11:30am.

The Selective Category Index – CSCX –also fell 14 points to stand at 10,392 till then.

Of the issues traded till then, 30 gained, 64 declined and 16 issues remained unchanged with Tk 20 million in turnover.

[email protected]

Share this news