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The prices of most of the shares on both bourses witnessed downward trend in early hour of trading Tuesday as investors mostly followed cautious stance amid ongoing dividend declaration session.
Following the previous session’s downward trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw negative trend amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse fell more than 25 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 52 points at 10:45am.
After 30 minutes of trading, the DSEX fell more than 19 points while the CSE All Share Price Index (CASPI) of port city’s bourse declined 50 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went down by 19.25 points or 0.34 per cent to reach at 5,551 points at 11:00am.
The two other indices also saw negative trend till then. The DS30 index, comprising blue chips, fell 4.49 points or 0.21 per cent to reach at 2,070 points.
The DSE Shariah Index (DSES) lost 4.40 points or 0.33 per cent to reach at 1,315 points till then.
Turnover, the important indicator of the market, stood at Tk 331 million when the report was filed at 11:00am.
Of the issues traded till then, 74 advanced, 112 declined and 48 remained unchanged.
BBS Cables was the most traded stocks till then with shares worth Tk 23 million changing hands, closely followed by Mercantile Bank Tk 19 million, Wata Chemicals Tk 15 million, Standard Insurance Tk 14 million and Queen South Textile 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-shedding 50 points to stand at 17,126, also at 11:00am.
The Selective Category Index – CSCX –also lost 29 points to stand at 10,346 points till then.
Of the issues traded till then, 16 gained, 45 declined and 5 issues remained unchanged with Tk 8.12 million in turnover.