Stocks on both bourses witnessed slow trend in early trading Wednesday as most of the investors followed cautious stance.
Following the previous two days’ correction, the Dhaka Stock Exchange (DSE) the Chittagong Stock Exchange (CSE) opened positive amid slow trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 13 points while the CSE All Shares Price Index of port city bourse rose 32 points at 10:45am.
After that it started to decline. After 30 minutes of trading, the DSEX fell more than 6.0 points. However, CSE All Shares Price Index stayed positive trend till then with gaining 14 points at 11:00am, when the report was filed.
DSEX, the prime index of the DSE, which replaced the DGEN in nearly five years back, went down by 6.63 points or 0.10 points to reach at 6,266 points at 11:00am.
The two other indices also saw negative trend till then. The DS30 index, comprising blue chips fell 4.63 points or 0.21 per cent to reach at 2,250.
The DSE Shariah Index (DSES) also lost 1.92 points or 0.13 per cent to stand at 1,379 points.
Turnover, the important indicator of the market, stood at Tk 1.13 billion when the report was filed at 11:00am.
Of the issues traded till then, 117 advanced, 97 declined and 50 remained unchanged.
National Tubes was the most traded stocks till then with shares worth Tk 132 million changing hands, closely followed by Golden Harvest Agro Industries Tk 80 million, Confidence Cement Tk 56 million, Bangladesh Shipping Corporation Tk 48 million and Keya Cosmetics Tk 47 million.
However, the port city bourse saw positive trend till then with CSE All Shares Price Index –CAPSI –gaining 14 points to stand at 19,429 points, also at 11:00am.
The Selective Categories Index of the CSE also gained 9.0 points to reach at 11,755 points till then.
Of the issues traded till then, 49 gained, 32 declined and 15 issues remained unchanged with Tk 62 million in turnover.