DSE, CSE down on selling spree

FE Online Report | Published: October 23, 2017 11:45:41 | Updated: October 25, 2017 05:35:40


File Photo

The prices of most of the shares on both bourses saw downward trend in early trading on Monday as cautious investors are on selling mood on sector-wise issues.

Following the previous day’s flat session, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid ongoing earnings and dividend declaration session.

Within first 15 minutes of trading, the key index of the country’s prime bourse fell nearly 14 points while the Selective Category Index of port city bourse lost 16 points at 10:45am.

After 30 minutes of trading, the DSE lost 14.45 points while the Selective Category Index of port city bourse fell 25 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 14.45 points or 0.23 per cent to stand at 6,027 points at 11:00am.

The DS30 index, comprising blue chips also fell 4.26 points or 0.19 per cent to 2,185 points.

However, the DSE Shariah Index (DSES) saw a fraction gain of 0.14 point to stand at 1,332 points at 11:00am.

Turnover, the important indicator of the market, stood at Tk 864 million after first 30 minutes of trading when the report was filed at 11:00am.

Of the issues traded till then, 91 advanced, 134 declined and 48 remained unchanged.

Aamra Networks was the most traded stocks till then with shares worth Tk 82 million changing hands, followed BBS Cables Tk 71 million, Rangpur Foundry Tk 30 million, LankaBangla Finance Tk 29 million and International Leasing Tk 28 million.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw downward trend till then with its Selective Category Index – CSCX –losing 25 points to stand at 11,297 points, also at 11:00am.

Of the issues traded till then, 22 gained, 50 declined and 14 issues remained unchanged with Tk 26 million in turnover.

babulfexpress@gmail.com

Share if you like