Bangladesh
4 months ago

Stocks see downward trend at opening

FE file photo
FE file photo

Published :

Updated :

Trading at both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on a downward trend on Sunday, with most listed companies seeing a decline in share prices during the first hour.

On the DSE, the benchmark DSEX index slipped by 7 points, while the Shariah-based DSES shed 3 points. The blue-chip DS30 index also dropped by 8 points, reports UNB.

The market breadth also remained negative, as prices fell for the majority of traded issues. Against 116 gainers, 200 issues declined, while 56 remained unchanged.

The DSE recorded turnover of over Tk 1.60 billion during the first half of the session.

A similar downtrend persisted at the CSE, where the broad index fell by 8 points.

Of the traded issues, 35 advanced, 48 declined, and 7 remained unchanged.

The turnover on the CSE stood at Tk 41 million in the early session.

Share this news