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Stocks fall; DSEX loses 10.79 points in early trading

FE Online Report | Published: November 04, 2019 11:49:13 | Updated: November 05, 2019 11:35:20


Stocks witnessed downward trend in early trading on Monday as investors are mostly on selling binge on sector-wise shares.

Following the previous day’s marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed positive note at opening amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 6.0 points while the CSE All Share Price Index of port city’s bourse rose 15 points at 10:45am.

After 30 minutes of trading, DSEX eroded more than 10 points while the CSE All Share Price Index of port city’s bourse fell 1.18 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 10.79 points or 0.22 per cent to stand at 4,701 points at 11:00am.

The DS30 index, comprising blue chips also lost 7.38 points to 1,630 points. The DSE Shariah Index (DSES) shed 3.97 points to stand at 1,079 points till then.

Turnover, the important indicator of the market, stood at Tk 476 million when the report was filed at 11:00am.

Of the issues traded till then, 87 advanced, 174 declined and 35 remained unchanged.

National Tubes was the most traded stocks till then with shares worth Tk 48 million changing hands, followed by Standard Ceramic, BRAC Bank, Northern Jute and GBB Power.

The port city’s bourse – the Chittagong Stock Exchange – (CSE), also saw negative trend till then with CSE All Share Price Index- CASPI-losing 1.18 points to stand at 14,298 points, also at 11:00am.

The Selective Category Index – CSCX – also shed 1.16 points to stand at 8,689 points till then.

Of the issues traded till then, 25 advanced, 44 declined 8 remained unchanged with Tk 8.0 million in turnover.

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