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The Financial Express
Swasti Lankabangla Swasti Lankabangla

Stocks witness downturn trend in early trading

| Updated: February 10, 2020 11:51:19


Stocks witness downturn trend in early trading

Stocks witnessed downward trend in early hours of trading on Sunday as investors followed mostly cautious stance.

Following the previous three days’ correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw downturn amid low trading activities.

After 30 minutes of trading, DSEX fell more than 14 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 11 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 14.45 points or 0.32 per cent to stand 4,438 points at 11:00am.

Two other indices also saw downturn till then. The DS30 index, comprising blue chips, shed 9.53 points to reach at 1,504 and the DSE Shariah Index lost 3.15 points to stand at 1,024 points till then.

Turnover, the important indicator of the market, stood at Tk 610 million on DSE when the report was filed at 11:00am.

LafargeHolcim Bangladesh was the most traded stocks till then with shares worth Tk 54 million changing hands, closely followed by BSC, Coppertech Industries, ADN Telecom and Northern Jute Manufacturing.

Of the issues traded till then, 99 advanced, 136 declined and 61 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend till then with CSE All Share Price Index- CASPI-losing 11 points to stand at 13,531 points, also at 11:00am.

The Selective Category Index – CSCX – also lost 6.0 points to stand at 8,205 points till then.

Of the issues traded till then, 22 advanced, 31 declined 11 issues remained unchanged with Tk 15 million in turnover.

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