BBN file photo

Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed downward trend in early hour of trading on Thursday as cautious investors continued their selling spree on sector-wise issues.

Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse fell more than 11 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 4.0 points at 10:45am when the report was filed.

DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE, went down by 11.80 points or 0.20 percent to reach at 5,827 points at 10:45am.

The DS30 index, comprising blue chips, also fell 5.54 points to stand at 2011 points. The DSE Shariah Index (DSES) lost 2.82 points to reach at 1,319 points till then.

Turnover, the crucial indicator of the market, stood at BDT 753 million when the report was filed at 10:45am.
Of the issues traded till then, 201 advanced, 56 declined and 39 remained unchanged.

The newly listed S. S. Steel Ltd was the most traded stocks till then with shares worth BDT 169 million changing hands, closely followed by Sonarbangla Insurance, Karnaphuli Insurance, JMI Syringes and United Finance.

CHITTAGONG STOCK EXCHANGE
The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend till then with CSE All Share Price Index- CASPI-losing 4.0 points to stand at 17,900, also at 10:45am.

The Selective Category Index – CSCX –also fell 3.0 points to stand at 10,813 points till then.

Of the issues traded till then, 17 gained, 16 declined and 08 issues remained unchanged with BDT 37 million in turnover.

BBN/SSR/SR