Bangladesh
2 months ago

Stocks open lower as large-cap shares plunge

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Stocks opened lower in early trading Tuesday, as major stocks plunged.

The prime index of the Dhaka Stock Exchange (DSE) went down by 33.84 points or 0.63 per cent to 5,301 within the first one and half hours of trading at 11:36 am.

The blue-chip DS30 index, a group of 30 prominent companies, also fell 19.07 points to 1,923 and the DSES index, which represents Shariah-based companies, dropped 8.25 points to 1,181 till then.

Turnover, another important indicator of the market, stood at Tk 1227.87 million.

Of the issues traded till then, 111 advanced, 188 declined, and 89 issues remained unchanged on the DSE trading floor.

BRAC Bank was the most traded stock when the report was filed.

The Chittagong Stock Exchange (CSE) also saw a negative trend till 11:52 with its All Shares Price Index (CASPI)—losing 126.63 points to stand at 14,886 while the Selective Categories Index – CSCX shed 74 points to reach 9,041.

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