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The prices of most of the shares on bourses witnessed downward trend in early trading on Wednesday as risk-averse investors are selling shares.
Following the previous two days’ positive trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw downturn amid low trading activities.
Within first 30 minutes of trading, the key index of the country’s prime bourse fell 12 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 25 points at 11:00am.
After first hour of trading, the DSEX lost more than 23 points while the CSE All Share Price Index (CASPI) of port city’s bourse shed 42 points at 11:30am when the report was filed.
DSEX, the prime index of the DSE, went down by 23.40 points or 0.42 per cent to reach at 5,498 points at 11:30am.
The DS30 index, comprising blue chips, also fell 12 points to reach at 1965 points till then. The DSE Shariah Index lost 4.0 points to stand at 1,277 points.
Turnover, the important indicator of the market, stood at Tk 1.10 billion on DSE when the report was filed at 11:30am.
Monno Ceramic Industries was the most traded stocks till then with shares worth Tk 88 million changing hands, closely followed by GP, Fortune Shoes, United Power and National Polymer.
Of the issues traded till then, 85 advanced, 152 declined and 63 remained unchanged on the DSE trading floor.
The port city’s bourse – the Chittagong Stock Exchange –also saw downward trend till then with CSE All Share Price Index- CASPI-losing 42 points to stand at 16,889 points, also at 11:30am.
The Selective Category Index – CSCX –also fell 25 points to stand at 10,227 till then.
Of the issues traded till then, 30 gained, 58 declined and 16 issues remained unchanged with Tk 22 million in turnover.