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DSE, CSE tumble at opening

FE Online Report | Published: September 12, 2019 12:16:29 | Updated: September 14, 2019 11:56:02


Stocks witnessed downward trend in early hour of trading on Thursday as jittery investors continued their selling binge on sector-wise shares.

Following the previous day’s free-fall, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw negative trend in early trading with low trading activities.

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

After 30 minutes of trading, DSEX shed more than 19 points while the CSE All Share Price Index of port city’s bourse eroded 36 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 19.72 points or 0.39 per cent to stand at 4,913 points at 11:00am.

The DS30 index, comprising blue chips also fell 8.61 points to 1727 points and the DSE Shariah Index (DSES) lost 5.47 points to stand at 1,150 points till then.

Turnover, the important indicator of the market, stood at Tk 713 million when the report was filed at 11:00am.

Of the issues traded till then, 69 advanced, 176 declined and 48 remained unchanged.

National Tubes was the most traded stocks till then with shares worth Tk 87 million changing hands, followed by Monno Jute Stafflers, JMI Syringes, Stylecraft and Usmania Glass.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw downward trend till then with CSE All Share Price Index- CASPI-losing 36 points to stand at 14,977 points, also at 11:00am.

The Selective Category Index – CSCX – also fell 24 points to stand at 9,090 points till then.

Of the issues traded till then, 19 advanced, 52 declined 12 remained unchanged with Tk 11 million in turnover.

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