Bourses witness downturn in early trading

FE Online Report | Published: March 11, 2019 11:41:07 | Updated: March 12, 2019 12:00:31


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The prices of most of the shares on both the bourses witnessed a downward trend in early trading on Monday 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 lower today with low trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse, fell more than 1.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 5.0 points at 10:45am.

After 30 minutes of trading, the DSEX lost more than 3.0 points while the CASPI of port city’s bourse fell 15 points at 11:00am when the report was filed.

The DSEX went down by 3.66 points or 0.06 per cent to stand at 5,706 points at that time.

The DS30 index, comprising blue chips, lost 1.70 points to reach at 1999 points till then while the DSE Shariah Index shed 0.77 points to stand at 1,310 points.

Turnover, the important indicator of the market, stood at Tk 850 million on DSE when the report was filed.

Monno Ceramic Industries was the most traded stocks till then with shares worth Tk 121 million changing hands, closely followed by Dutch-Bangla Bank, Nurani Dyeing, Shurwid Industries, and VFS Thread Dyeing.

Of the issues traded till then, 114 advanced, 120 declined, and 50 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange (CSE) also saw a negative trend till then with the CASPI losing 15 points to stand at 17,492 points, also at 11:00am.

The Selective Category Index (CSCX) also lost 9.0 points to stand at 10,597 points till then.

Of the issues traded till then, 18 gained, 31 declined, and 04 issues remained unchanged with Tk 9.0 million in turnover.

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