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The Financial Express

DSE, CSE witness volatility in early trading

FE Online Report | Published: February 24, 2020 12:01:56 | Updated: February 27, 2020 11:53:53


Investors monitoring stock price movements on computer screens at a brockerage house in the capital — FE/Files Investors monitoring stock price movements on computer screens at a brockerage house in the capital — FE/Files

Stocks witnessed volatility in the early hours of trading on Monday as investors were seen active on both sides of trading fence amid ongoing dividend declarations.

Following the previous two days’ modest correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw a negative trend today amid rising trading activities.

After first hour of trading, DSEX, the key index of DSE, fell more than 1.48 points while the CSE All Share Price Index (CASPI) of port city’s bourse fell 11 points at 11:30am when the report was filed.

The DSEX went down by 1.48 points or 0.03 per cent to stand at 4,697 points at 11:30am.

Two other indices saw negative trend till then. The DS30 index, comprising blue chips, fell 2,63 points to reach at 1,589 and the DSE Shariah Index lost 1.76 points to stand at 1,084 points till then.

Turnover, one of the important indicators of the market, stood at Tk 1.93 billion on DSE when the report was filed at 11:30am.

VFS Thread Dyeing was the most traded stocks till filing of this report with shares worth Tk 176 million changing hands.

Of the issues traded till then, 167 advanced, 101 declined, and 59 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange (CSE) also saw a negative trend till then with the CASPI-shedding 11 points to stand at 14,368 points, also at 11:30am.

The Selective Category Index (CSCX) also fell 7.0 points to stand at 8,719 points till then.

Of the issues traded till then, 56 advanced, 42 declined, and 14 issues remained unchanged with Tk 38 million in turnover.

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