Bangladesh
21 days ago

Stocks down at opening amid cautious trading

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Stocks opened lower on Sunday as investors were mostly cautious of the market’s trend due to uncertainties over the economic and political issues.

Following the previous week's modest fall, the prime index of the Dhaka Stock Exchange (DSE), went down by 18 points or 0.34 per cent to 5,174 at 11:00 am, when the report was filed.

The DS30 index, a group of 30 prominent companies, lost 7 points to 1,909 while DSES index, which represents Shariah-based companies, shed 4 points to 1,163.

Turnover, another important indicator of the market, remained low and amounted to Tk 1.12 billion till then.

Of the issues traded till then, 103 advanced, 170 declined, and 88 issues remained unchanged on the DSE trading floor till then.

Emerland Oil Industries was the most traded stock till then with shares worth Tk 80 million changing hands.

The Chittagong Stock Exchange, however, saw positive trend till then with its All Shares Price Index (CASPI)—gaining 25 points to stand at 14,557 while the Selective Categories Index – CSCX gained 11 points to reach 8,862 till then.

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