Published :
Updated :
For all latest news, follow The Financial Express Google News channel.
The prices of most of the shares on bourses witnessed downward trend in early trading on Thursday as risk-averse investors are selling shares, fearing further fall.
Following the previous day’s sharp decline, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower with sluggish trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse fell 06 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 10 points at 10:45am.
After 30 minutes of trading, the DSEX lost more than 15 points while the CSE All Share Price Index (CASPI) of port city’s bourse fell 14 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went down by 15.50 points or 0.28 per cent to stand 5,437 points at 11:00am.
The DS30 index, comprising blue chips, lost 7.32 points to reach at 1,940 points till then. The DSE Shariah Index fell 5.44 points to stand at 1,264 points.
Turnover, the important indicator of the market, stood at Tk 561 million on DSE when the report was filed at 11:00am.
United Power was the most traded stocks till then with shares worth Tk 56 million changing hands, closely followed by Fortune Shoes, Eastern Cables, Grameephone and Monno Stafflers.
Of the issues traded till then, 123 advanced, 81 declined and 64 remained unchanged on the DSE trading floor.
The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw downward trend till then with CSE All Share Price Index- CASPI-shedding 14 points to stand at 16,720 points, also at 11:00am.
The Selective Category Index – CSCX –also fell 10 points to stand at 10,124 points till then.
Of the issues traded till then, 28 gained, 18 declined and 13 issues remained unchanged with Tk 10 million in turnover.