Bangladesh
5 years ago

DSE, CSE see downturn in early trading

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

Following the previous day’s marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note amid sluggish trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced 18 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 12 points at 10:45am.

After that it started to decline. After 30 minutes of trading, the DSEX fell more than 8.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 0.62 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 8.70 points or 0.15 per cent to reach at 5,521 points at 11:00am.

The DS30 index, comprising blue chips, also fell 6.42 points to reach at 1973 points till then. The DSE Shariah Index shed 3.68 points to stand at 1,282 points.

Turnover, the important indicator of the market, stood at Tk 636 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 98 million changing hands, closely followed by BATBC, Singer Bangladesh, JMI Syringes and Khulna Power.

Of the issues traded till then, 136 advanced, 83 declined and 62 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – also saw negative trend till then with CSE All Share Price Index- CASPI-shedding 0.62 points to stand at 16,895 points, also at 11:00am.

The Selective Category Index – CSCX –also lost 0.35 points to stand at 10,238 till then.

Of the issues traded till then, 15 gained, 20 declined and 13 issues remained unchanged with Tk 64 million in turnover.

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