The prices of most of the shares on both bourses saw downturn in early hour of trading Wednesday as investors continued their selling binge amid ongoing dividend declarations.
Following the previous two days’ downward trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) started the day on negative note with low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse fell nearly 24 points while the CSE All Share Price Index (CAPSI) of port city’s bourse lost 16 points at 10:45am.
After 30 minutes of trading, the DSEX fell more than 20 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 21 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went down by 20.18 points or 0.35 per cent to reach at 5,628 points at 11:00am.
The two other indices also saw negative trend till then. The DS30 index, comprising blue chips, fell 6.75 points or 0.32 per cent to reach at 2,095 points.
The DSE Shariah Index (DSES) also lost 3.17 points or 0.23 per cent to reach at 1,330 points till then.
Turnover, the important indicator of the market, stood at Tk 268 million when the report was filed at 11:00am.
Of the issues traded till then, 66 advanced, 106 declined and 49 remained unchanged.
Doreen Power was the most traded stocks till then with shares worth Tk 30 million changing hands, closely followed by Sqare Pharma Tk 25 million, Monno Ceramic Tk 15 million, Grameenphone Tk 13 million and Wata Chemicals Tk 12 million.
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw downward trend till then with CSE All Share Price Index- CASPI-losing 21 points to stand at 17,428, also at 11:00am.
The Selective Category Index – CSCX –also lost 13 points to stand at 10,526 points till then.
Of the issues traded till then, 15 gained, 33 declined and 18 issues remained unchanged with Tk 10 million in turnover.