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DSE, CSE open lower amid thin turnover

FE Online Report | Published: October 17, 2019 11:37:21 | Updated: October 19, 2019 10:51:02


Stocks witnessed downward trend in early hour of trading on Thursday as investors are mostly on selling mood amid depressed market outlook.

Following the previous day’s decline, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid sluggish trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse fell more than 6.0 points while the CSE All Share Price Index of port city’s bourse lost 15 points at 10:40am.

After 30 minutes of trading, DSEX fell more than 17 points while the CSE All Share Price Index of port city’s bourse lost 31 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 17.80 points or 0.37 per cent to stand at 4,763 points at 11:00am.

The DS30 index, comprising blue chips also lost 8.70 points to 1,676 points. The DSE Shariah Index (DSES) fell 7.54 points to stand at 1,092 points till then.

Turnover, the important indicator of the market, stood at Tk 460 million when the report was filed at 11:00am.

Of the issues traded till then, 104 advanced, 130 declined and 58 remained unchanged.

Standard Ceramic was the most traded stocks till then with shares worth Tk 46 million changing hands, followed by National Tubes, Sonar Bangla Insurance, Bangladesh Shipping Corporation and Golden Harvest Agro Industries.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw downward trend till then with CSE All Share Price Index- CASPI-losing 31 points to stand at 14,523 points, also at 11:00am.

The Selective Category Index – CSCX – also lost 19 points to stand at 8,826 points till then.

Of the issues traded till then, 25 advanced, 29 declined 17 remained unchanged with Tk 6.0 million in turnover.

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