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Stocks witnessed a downward trend in early trading on Monday as risk-averse investors are booking quick-gain on sector-wise issues.
Following the previous two days’ flat ending, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on a negative note on Monday.
Within the first 30 minutes of trading, the key index of the country’s prime bourse fell more than 21 points while the CSE All Share Price Index (CASPI) of THE port city’s bourse lost 6.0 points at 10:30am when the report was filed.
DSEX, the prime index of the DSE, went down by 21.53 points or 0.45 per cent to reach 4,773 points at 10:30am.
Two other indices of the premier bourse also saw a negative trend till then.
Of them, DS30 index, comprising blue chips, lost 8.37 points to reach 1,642 and DSE Shariah Index (DSES) shed 1.57 points to reach 1,105 points till then.
Turnover, an important indicator of the market, stood at Tk 1.10 billion when the report was filed at 10:30am.
Of the issues traded till then, 132 advanced, 128 declined, and 62 remained unchanged.
Beximco was the most traded stocks till then with shares worth Tk 111 million changing hands, closely followed by Grameenphone, BATBC, Orion Pharma and IFIC Bank.
The Chittagong Stock Exchange (CSE) also saw a negative trend till then with CSE All Share Price Index (CASPI) losing 6.0 points to stand at 13,659, also at 10:30am.
The Selective Category Index – CSCX – also fell 0.04 points to stand at 8,248 points till then.
Of the issues traded till then, 27 gained, 35 declined, and 22 issues remained unchanged with Tk 20 million in turnover.