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Stocks mostly lower in early trading Sunday

FE Online Report | Published: January 14, 2018 11:58:47 | Updated: January 14, 2018 14:53:51


FE file photo used for representation.

Shares on both bourses witnessed a downward trend in early trading Sunday amid low trading activities as cautious investors are on a sector-wise large-cap stock selling binge.

Following the previous week’s sharp fall, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed a negative trend with low trading activities. 

After first 15 minutes of trading, the key index of the country’s prime bourse advanced 2.67 points while the CSE All Share Price Index (CAPSI) of the port city bourse fell 37 points at 10:45am.

After first 30 minutes of trading, the key index of the country’s prime bourse fell 14 points while the CSE All Share Price Index (CAPSI) lost 42 points at 11:00am when the report was filed.

DSEX, prime index of DSE, went down by 14.34 points or 0.23 per cent to reach 6,165 points at 11:00am.

Two other indices of the premier bourse also fell.

Of those, DS30 index, comprising blue chips, lost 5.82 points or 0.25 per cent to reach 2,254 points, and DSES (Shariah) 0.91 points or 0.06 per cent to stand at 1,390 points.

Turnover, an important indicator of the market, stood at Tk 415 million when the report was filed at 11:00am.

Of the issues traded till then, 60 advanced, 132 declined, and 58 remained unchanged.

National Tubes was the most traded stocks till then with shares worth Tk 36 million changing hands, closely followed by Alif Manufacturing Company Tk 35 million, BD Thai Aluminum Tk 28 million, Autocars Tk 27 million, and IFAD Autos Tk 20 million.

Port city bourse CSE saw a downtrend till then with its All Share Price Index- CAPSI- losing 42 points to stand at 19,056 points and Selective Category Index – CSCX –shedding 26 points to stand at 11,509 points at1:00am.

Of the issues traded till then, 24 gained, 35 declined, and 12 issues remained unchanged with Tk 16 million in turnover.

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