Published :
Updated :
For all latest news, follow The Financial Express Google News channel.
Stocks opened lower in early trading on Monday, with low participation of investors, as the investors were mostly reluctant to invest in shares to avoid further capital erosion.
Following the major setback in the previous day, the prime index of the Dhaka Stock Exchange (DSE) went down by 30 points or 0.56 per cent to 5,348.39 within the first half hour of trading at 10:26 am.
The blue-chip DS30 index, a group of 30 prominent companies, also fell 7.3 points to 1,957 and the DSES index, which represents Shariah-based companies, dropped 8 points to 1,183.
Turnover, another important indicator of the market, stood at only Tk 415.7 million till then.
Of the issues traded, 98 advanced, 173 declined, and 50 issues remained unchanged on the DSE trading floor.
Islami Bank Bangladesh was the most traded stock till then, with shares worth Tk 41.8 million changing hands.
The Chittagong Stock Exchange (CSE) also saw a negative trend till then with its All Shares Price Index (CASPI)—losing 54 points to stand at 15,113 while the Selective Categories Index – CSCX shed 31 points to reach 9,172.6.