Bangladesh
5 years ago

DSE, CSE fall ahead of Holy Ramandan

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The prices of most of the shares on bourses witnessed downward trend in early trading on Monday as some investors are selling shares ahead of Holy Ramandan.

Following the previous day’s steep rise, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower.

Within first 30 minutes of trading, the key index of the country’s prime bourse fell 15 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 18 points at 11:00am.

After first hour of trading, the DSEX lost more than 26 points while the CSE All Share Price Index (CASPI) of port city’s bourse shed 26 points at 11:30am when the report was filed.

DSEX, the prime index of the DSE, went down by 26.62 points or 0.49 per cent to reach at 5,368 points at 11:30am.

The DS30 index, comprising blue chips, lost 13.82 points to reach at 1,887 points till then. The DSE Shariah Index also fell 2.88 points to stand at 1,237 points.

Turnover, the important indicator of the market, stood at Tk 1.20 billion on DSE when the report was filed at 11:30am.

Fortune Shoes was the most traded stocks till then with shares worth Tk 117 million changing hands, closely followed by Legacy Footwear, National Polymer, National Tubes and Monno Ceramic.

Of the issues traded till then, 82 advanced, 203 declined and 31 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-losing 26 points to stand at 16,476 points, also at 11:30am.

The Selective Category Index – CSCX –also lost 16 points to stand at 9,972 till then.

Of the issues traded till then, 33 gained, 72 declined and 15 issues remained unchanged with Tk 40 million in turnover.

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