The Financial Express

DSE, CSE resume downturn after Eid holidays

| Updated: August 27, 2018 15:32:00

Stocks resume downturn after vacation

The prices of most of the shares on both bourse witnessed downward trend in early hour of trading on Sunday, the opening session after five-day Eid vacation.

Trading and official activities remained closed on bourses from August 21 to August 25, including weekly holidays.

Following the last day’s upward movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid low trading activities as many investors are yet to return in the capital after the vacation.

Within first 15 minutes of trading, the key index of the country’s prime bourse fell 7.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 10 points at 10:45am.

After 30 minutes of trading, the DSEX fell more than 10 points while the CSE All Share Price Index (CASPI) of port city’s bourse shed 15 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 10.13 points or 0.18 per cent to reach at 5,561 points at 11:00am.

The DS30 index, comprising blue chips, also fell 1.48 points to reach at 1,946 points.

However, the DSE Shariah Index gained 3.66 points to stand at 1,261 points till then.

Turnover, the important indicator of the market, stood at Tk 689 million when the report was filed at 11:00am.

Active Fine Chemicals was the most traded stocks till then with shares worth Tk 57 million changing hands, closely followed by LankaBangla Finance Tk 50 million, BBS Cables Tk 45 million, Shepherd Industries Tk 43 million and National Housing Finance Tk 21 million.

Of the issues traded till then, 130 advanced, 94 declined and 36 remained unchanged on the DSE trading floor.

The port city’s bourse also saw downward trend till then with CSE All Share Price Index- CASPI-losing 15 points to stand at 17,126, also at 11:00am.

The Selective Category Index – CSCX –also fell 10 points to stand at 10,372 points till then.

Of the issues traded till then, 40 gained, 29 declined and 10 issues remained unchanged with Tk 32 million in turnover.

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