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The prices of most of the shares on both the bourses witnessed a downward trend in the early hour of trading on Monday as risk-averse investors were selling shares on sector-wise stocks.
Following the previous three days’ marginal gains, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower with low trading activities.
Within first 30 minutes of trading, the DSEX fell more than 17 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 27 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went down by 17.10 points or 0.29 per cent to stand at 5,758 points at 11:00am.
The DS30 index, comprising blue chips, fell 12 points to reach at 1993 points till then. The DSE Shariah Index shed 6.04 points to stand at 1,308 points.
Turnover, the important indicator of the market, stood at Tk 1.77 billion on the DSE when the report was filed at 11:00am.
The Peninsula Chittagong was the most traded stocks till then with shares worth Tk 189 million changing hands, followed by Alif Industries Fortune Shoes, United Power, and Bangladesh Submarine Cable Company.
Of the issues traded till then, 177 advanced, 126 declined and 58 remained unchanged on the DSE trading floor.
The Chittagong Stock Exchange (CSE) also saw a downward trend till then with the CASPI losing 27 points to stand at 17,626 points, also at 11:00am.
The Selective Category Index (CSCX) also lost 15 points to stand at 10,669 points till then.
Of the issues traded till then, 50 gained, 42 declined, and 13 issues remained unchanged with Tk 51 million in turnover.